Form 4 for PRPL Purple Innovation, Inc.
Accepted 2022-06-01 00:00:00 ET · period of report 2022-05-28 · accession 0001213900-22-030819 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-06-01 | 2022-05-28+ | PRPL | Varni Patrice Ann | CMO | M - OptEx | — | +3,484 | 2,435 | New | — |
| DM | 2022-06-01 | 2022-05-28+ | PRPL | Varni Patrice Ann | CMO | F - Tax | $5.94 | -1,125 | 2,359 | -32% | -$6,678 |
| DM | 2022-06-01 | 2022-05-28+ | PRPL | Varni Patrice Ann | CMO | M - OptEx | $0.00 | +3,484 | 9,381 | +59% | $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 | 2022-05-28 | M | A | 3,216 | — | 3,216 | D | — | — | (F1) Restricted Stock Units convert into Class A Common Stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2022-06-01 | M | A | 268 | — | 2,435 | D | — | — | (F1) Restricted Stock Units convert into Class A Common Stock on a one-for-one basis. |
| 3 | Common | Class A Common Stock | 2022-05-28 | F | D | 1,049 | $6.02 | 2,167 | D | — | — | |
| 4 | Common | Class A Common Stock | 2022-06-01 | F | D | 76 | $4.78 | 2,359 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2022-05-28 | M | A | 3,216 | $0.00 | 9,649 | D | — · — to — | 3,216 Class A Common Stock | (F1) Restricted Stock Units convert into Class A Common Stock on a one-for-one basis. (F2) On May 28, 2021, the reporting person was granted 12,865 Restricted Stock Units, 25% of the restricted stock units granted vesting on May 28, 2022. The remaining 75% of the units vest in monthly installments on the first day of each calendar month beginning on June 1, 2022 in the amount of one-forty-eighth of the full amount for the remaining three years. |
| 6 | Derivative | Restricted Stock Units | 2022-06-01 | M | A | 268 | $0.00 | 9,381 | D | — · — to — | 268 Class A Common Stock | (F1) Restricted Stock Units convert into Class A Common Stock on a one-for-one basis. (F2) On May 28, 2021, the reporting person was granted 12,865 Restricted Stock Units, 25% of the restricted stock units granted vesting on May 28, 2022. The remaining 75% of the units vest in monthly installments on the first day of each calendar month beginning on June 1, 2022 in the amount of one-forty-eighth of the full amount for the remaining three years. |