Jack Roddy - 25 Oct 2024 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief People Officer
Signature
/s/ Tricia McDermott, Attorney-in-Fact
Issuer symbol
PRPL
Transactions as of
25 Oct 2024
Net transactions value
$0
Form type
4
Filing time
25 Oct 2024, 16:00:13 UTC
Previous filing
21 Jun 2024
Next filing
18 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +2,177 +4.9% 46,787 25 Oct 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 -2,177 -100% $0.000000 0 25 Oct 2024 Class A Common Stock 2,177 Direct F1, F2
* 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 Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in three equal annual installments; one-third on October 25, 2022; one-half of the remainder on October 25, 2023; and the balance on October 25, 2024 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.