Robert DeMartini - 25 Mar 2022 Form 4/A - Amendment Insider Report for Purple Innovation, Inc. (PRPL)

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	+500,000		$0.000000	500,000	25 Mar 2022	Class A Common Stock	500,000		Direct	F1, F3
transaction	PRPL	Employee Stock Option (right to buy)	Award	$0	+500,000		$0.000000	500,000	25 Mar 2022	Class A Common Stock	500,000	$6.82	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in three equal annual installments on the anniversary date of the grant, with the first such vesting to occur on March 25, 2023. Fractional numbers will be rounded down to the nearest whole number
F2	The Employee Stock Options vest in three equal annual installments on the anniversary date of the grant, with the first such vesting to occur on March 25, 2023.
F3	This amended report corrects administrative errors in column 5 of Table II, which had incorrectly stated the Number of Derivative Securities in the (D) column instead of the (A) column.