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

Role: Chief People Officer
Signature: /s/ Tricia McDermott, Attorney-in-Fact
Stock symbol: PRPL
Transactions as of: Oct 25, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/25/2024, 04:00 PM
Previous 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		+2.18K	+4.88%		46.8K	Oct 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	-2.18K	-100%	$0.00	0	Oct 25, 2024	Class A Common Stock	2.18K		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.

Content

Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.

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.