Keira Krausz - Nov 11, 2022 Form 4 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
Nov 11, 2022
Transactions value $
$0
Form type
4
Date filed
11/29/2022, 03:16 PM
Previous filing
Nov 7, 2022
Next filing
Jun 22, 2023

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 +75.8K $0.00 75.8K Nov 11, 2022 Class A Common Stock 75.8K 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.