Key facts
- This page summarizes Verdi Ray White III's Form 4 filing for Purple Innovation, Inc. (PRPL).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 31 May 2022, 14:04.
Verdi Ray White III - 26 May 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)
- Reporting relationship
- Chief Retail Officer
- Issuer ticker
- PRPL
- Reported as of
- 26 May 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 31 May 2022, 14:04:00 UTC
- Prior SEC filing
- 17 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Casey K. McGarvey, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Verdi Ray White III filed Form 4 for Purple Innovation, Inc. (PRPL) on 31 May 2022.
Change
- Previous filing in this sequence was filed on 17 Mar 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PRPL
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +15,164
- Change %
- Price
- $0.000000
- Shares after
- 15,164
- Date
- 26 May 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 15,164
- Exercise price
- Footnotes
- F1
PRPL
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- $0
- Shares
- +19,948
- Change %
- Price
- $0.000000
- Shares after
- 15,164
- Date
- 26 May 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 19,948
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
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 March 15, 2023; one-third on March 15, 2024; and one-third on March 15, 2025 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.
Footnote F2
Each Performance Stock Unit represents a contingent right to receive up to one share of Purple Innovation, Inc. Class A Common Stock after March 15, 2025. Between 0% and 100% of the Performance Stock Units will vest upon Purple Innovation, Inc.'s Class A Common Stock achieving specified target price per share levels on March 15, 2025.