Casey K. McGarvey - Mar 15, 2023 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief Legal Officer
Signature
/s/ Casey K. McGarvey
Stock symbol
PRPL
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/16/2023, 07:54 PM
Previous filing
Sep 20, 2022
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +1.02K +1.29% 79.7K Mar 15, 2023 Direct F1
transaction PRPL Class A Common Stock Options Exercise +6.4K +8.03% 86.1K Mar 15, 2023 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 -1.02K -50% $0.00 1.02K Mar 15, 2023 Class A Common Stock 1.02K Direct F1, F2
transaction PRPL Restricted Stock Units Options Exercise $0 -6.4K -33.33% $0.00 12.8K Mar 15, 2023 Class A Common Stock 6.4K Direct F1, F3
* 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 August 11, 2021, the reporting person was granted 3,056 Restricted Stock Units, vesting in three annual installments beginning on March 15, 2022.
F3 On May 26, 2022, the reporting person was granted 19,198 Restricted Stock Units, vesting in three annual installments beginning on March 15, 2023.