Keira Krausz - 11 Nov 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief Marketing Officer
Signature
/s/ Casey K. McGarvey, Attorney-in-Fact
Issuer symbol
PRPL
Transactions as of
11 Nov 2022
Net transactions value
$0
Form type
4
Filing time
29 Nov 2022, 15:16:50 UTC
Previous filing
07 Nov 2022
Next filing
22 Jun 2023
SEC
View on sec.gov

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 Performance Stock Units Award $0 +75,757 $0.000000 75,757 11 Nov 2022 Class A Common Stock 75,757 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit represents a contingent right to receive up to one share of Purple Innovation, Inc. Class A Common Stock after November 11, 2025. Between 0% and 100% of the Performance Stock Units will vest upon Purple Innovation, Inc.'s Class A Common Stock achieving specified target price per share levels on November 11, 2025.