Jack Roddy - Oct 25, 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role: Chief People Officer
Signature: /s/ Casey K. McGarvey, Attorney-in-Fact
Stock symbol: PRPL
Transactions as of: Oct 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/27/2022, 07:00 PM
Previous filing: Sep 9, 2022
Next filing: Mar 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRPL	Class A Common Stock	Options Exercise		+2.18K	+15.55%		16.2K	Oct 25, 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	+2.18K	+100%	$0.00	4.35K	Oct 25, 2022	Class A Common Stock	2.18K		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 November 11, 2021, the reporting person was granted 6,531 Restricted Stock Units. The Restricted Stock Units vest in three equal annual installments; one-third on October 25, 2022; one-third on October 25, 2023; and one-third on October 25, 2024 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.