Robert DeMartini - Feb 3, 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Signature
/s/ Casey K. McGarvey
Stock symbol
PRPL
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 03:00 PM
Previous filing
Dec 17, 2021
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +7.94K 7.94K Feb 3, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRPL Restricted Stock Units Options Exercise $0 -7.94K -16.67% $0.00 39.7K Feb 3, 2022 Class A Common Stock 7.94K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
F2 On December 15, 2021, the reporting person was granted 47,616 Restricted Stock Units, vesting in six equal monthly installments beginning on February 3, 2022.