Patrice Ann Varni - May 28, 2021 Form 4/A - Amendment Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief Marketing Officer
Signature
/s/ Casey K. McGarvey, Attorney-in-Fact
Stock symbol
PRPL
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/31/2022, 11:20 AM
Date Of Original Report
May 28, 2021
Previous filing
May 28, 2021
Next filing
May 31, 2022

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 Award $0 +12.9K $0.00 12.9K May 28, 2021 Class A Common Stock 12.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock of Purple Innovation, Inc. 25% of the restricted stock units granted will vest on May 28, 2022. The remaining 75% of the units vest in monthly installments on the first day of each calendar month beginning on June 1, 2022 in the amount of one-forty-eighth of the full amount for the remaining three years.
F2 Due to an administrative error in the original report, the original report understated the Number of Derivative Securities Acquired. This amended report states the correct Number of Derivative Securities Acquired.