Douglas Scott Peterson - 09 Oct 2024 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
03 Feb 2025, 07:26:28 UTC
Prior SEC filing
06 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tricia McDermott, Attorney-in-Fact
Filing notes and source

Key filing fact

Douglas Scott Peterson filed Form 4 for Purple Innovation, Inc. (PRPL) on 03 Feb 2025.

Key facts

  • This page summarizes Douglas Scott Peterson's Form 4 filing for Purple Innovation, Inc. (PRPL).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Feb 2025, 07:26.

Change

  • Previous filing in this sequence was filed on 06 Mar 2024.
  • 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRPL transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
-31,765
Change %
-100%
Price
$0.000000
Shares after
0
Date
09 Oct 2024
Ownership
Direct
Footnotes
F1
PRPL transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
+31,765
Change %
+1%
Price
$0.000000
Shares after
3,210,931
Date
09 Oct 2024
Ownership
Scott and Christina Peterson 101 Trust
Footnotes
F1, F3, F4
PRPL transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+23,028
Change %
Price
$0.000000
Shares after
23,028
Date
15 Nov 2024
Ownership
Direct
Footnotes
F2
PRPL transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
-23,028
Change %
-100%
Price
$0.000000
Shares after
0
Date
15 Nov 2024
Ownership
Direct
Footnotes
F2
PRPL transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
+23,028
Change %
+0.72%
Price
$0.000000
Shares after
3,233,959
Date
15 Nov 2024
Ownership
Scott and Christina Peterson 101 Trust
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On October 9, 2024, the reporting person transferred 31,765 shares of Class A Common Stock to the Scott and Christina Peterson 101 Trust for no consideration.

Footnote F2

November 15, 2024, pro rata distributions from Black Oak-Intellibed-Senior Debt Fund, LLC, Black Oak Fund3, LLC and Black Oak Alpha Equity Funds, LLC (the "Black Oak Entities") of 23,028 shares of Class A Common Stock to the reporting person. The reporting person is a non-managing member of each of the Black Oak Entities. On the same day the reporting person transferred those shares to the Scott and Christina Peterson 101 Trust for no consideration.

Footnote F3

Due to an administrative error, the Form 3 filed for the reporting person on June 16, 2023, inadvertently understated the number of shares of Class A Common Stock beneficially owned by the reporting person in the Scott and Christina Peterson 101 Trust as of that date by 1 share. Such share was also omitted from three Form 4s filed by the reporting person after his original Form 3 was filed. This error has been corrected on this Form 4.

Footnote F4

Mr. Peterson is the Grantor of the Scott and Christina Peterson 101 Trust and has investment control over and may be considered the beneficial owner of all stock owned by the Scott and Christina Peterson 101 Trust.

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