Robert DeMartini - Mar 25, 2024 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief Executive Officer, Director
Signature
/s/ Tricia McDermott, Attorney-in-Fact
Stock symbol
PRPL
Transactions as of
Mar 25, 2024
Transactions value $
$0
Form type
4
Date filed
3/26/2024, 08:00 AM
Previous filing
Mar 19, 2024
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +38.3K +12.91% 335K Mar 25, 2024 Direct F1
transaction PRPL Class A Common Stock Options Exercise +128K +38.27% 464K Mar 25, 2024 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 -38.3K -100% $0.00* 0 Mar 25, 2024 Class A Common Stock 38.3K Direct F1, F2
transaction PRPL Restricted Stock Units Options Exercise $0 -128K -43.5% $0.00 167K Mar 25, 2024 Class A Common Stock 128K 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 June 2, 2022, the reporting person was granted 93,530 restricted stock units, of which 38,334 restricted stock units vested on March 25, 2024.
F3 On June 16, 2023, the reporting person was granted 295,000 restricted stock units, of which 128,333 restricted stock units vested on March 25, 2024.