George Turner Ulrich - 15 Mar 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Signature
/s/ Casey K. McGarvey, Attorney-in-Fact
Issuer symbol
PRPL
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
24 May 2022, 15:24:45 UTC
Previous filing
02 Sep 2021
Next filing
14 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +631 631 15 Mar 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 +631 +100% $0.000000 1,264 11 Aug 2021 Class A Common Stock 631 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 August 11, 2021, the reporting person was granted 1,895 Restricted Stock Units, vesting in three annual installments beginning on March 15, 2022.