Form 4 for PRPL Purple Innovation, Inc.
Accepted 2023-06-22 00:00:00 ET · period of report 2023-06-20 · accession 0000899243-23-016242 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-06-22 | 2023-06-20 | PRPL | Gray Adam | Dir, 10% | A - Grant | $0.00 | +40.8K | 46.86M | +0.1% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock ("Common Stock") | 2023-06-20 | A | A | 40,841 | $0.00 | 46,855,291 | I See Footnotes | — | — | (F1) The Common Stock was received by Adam Gray ("Gray") under the Issuer's 2017 Equity Incentive Plan in connection with his service as a member of the board of directors of the Issuer. Gray has agreed that all equity awards received for serving as a director of the Issuer shall be issued to Coliseum Capital Partners, L.P. ("CCP"). (F2) The Common Stock is held directly by (a) CCP, an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser, (b) Coliseum Capital Co-Invest III, L.P. ("CCC III"), an investment limited partnership of which CC is general partner and for which CCM serves as investment adviser, and (c) a separate account investment advisory client of CCM (the "Separate Account"). (F4) Following the transactions reported herein, CCP, CCC III and the Separate Account directly owned 35,192,565; 3,133,449; and 8,529,277 shares of Common Stock, respectively. (F3) Christopher Shackelton ("Shackelton") and Gray are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, CCC III, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein. |