Robert DeMartini - 02 Jun 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	+93,530		$0.000000	93,530	02 Jun 2022	Class A Common Stock	93,530		Direct	F1, F3
transaction	PRPL	Employee Stock Option (right to buy)	Award	$0	+93,530		$0.000000	93,530	02 Jun 2022	Class A Common Stock	93,530	$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.
F2	This amended report reflects a change made on March 15, 2023, to the vesting schedules for the Restricted Stock Units and Employee Stock Options. The original vesting schedules were 1/3rd each of the Restricted Stock Units and Employee Stock Options on March 25th of the years 2023, 2024 and 2025. Under the amended vesting schedules, 55,196 of the Restricted Stock Units and 55,196 of the Employee Stock Options will vest on March 25, 2023, and 38,334 of the Restricted Stock Units and 38,334 of the Employee Stock Options will vest on March 25, 2024.
F3	This amended report also corrects administrative errors in column 9 of Table II, which had incorrectly stated the Number of Derivative Securities Beneficially Owned Following the Reported Transactions as 205,000 Restricted Stock Units and 205,000 Employee Stock Options. This amendment corrects those amounts to 93,530 each for the Restricted Stock Units and the Employee Stock Options.