Casey K. McGarvey - 20 Jun 2023 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Jun 2023, 16:00:51 UTC
Prior SEC filing
06 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Casey K. McGarvey,
Filing notes and source

Key filing fact

Casey K. McGarvey filed Form 4 for Purple Innovation, Inc. (PRPL) on 22 Jun 2023.

Key facts

  • This page summarizes Casey K. McGarvey's Form 4 filing for Purple Innovation, Inc. (PRPL).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 22 Jun 2023, 16:00.

Change

  • Previous filing in this sequence was filed on 06 Jun 2023.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+34,498
Change %
Price
$0.000000
Shares after
34,498
Date
20 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
34,498
Exercise price
Footnotes
F1
PRPL transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+64,067
Change %
Price
$0.000000
Shares after
64,067
Date
20 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
64,067
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, 2024; one-half of the remainder on March 15, 2025; and the balance on March 15, 2026 (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, 2026.

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