Form 4 for PRPL Purple Innovation, Inc.
Accepted 2022-04-05 00:00:00 ET · period of report 2022-04-03 · accession 0001213900-22-018145 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-05 | 2022-04-03 | PRPL | DeMartini Robert | CEO, Dir | M - OptEx | — | +7,936 | 23.8K | +50% | — |
| D | 2022-04-05 | 2022-04-03 | PRPL | DeMartini Robert | CEO, Dir | M - OptEx | $0.00 | -7,936 | 0 | -100% | $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 | 2022-04-03 | M | A | 7,936 | — | 23,808 | D | — | — | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. |
| 2 | Derivative | Restricted Stock Units | 2022-04-03 | M | D | 7,936 | $0.00 | 0 | D | — · — to — | 7,936 Class A Common Stock | (F2) On December 15, 2021, the reporting person was granted 47,616 Restricted Stock Units, vesting in six equal monthly installments beginning on February 3, 2022. The final three-monthly installments were superseded by an Amended and Restated Employment Agreement, effective March 19, 2022, between Mr. DeMartini and the Company. (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. |