Form 4 for PRPL Purple Innovation, Inc.
Accepted 2023-03-27 00:00:00 ET · period of report 2023-03-25 · accession 0001213900-23-023177 · 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 | 2023-03-27 | 2023-03-25 | PRPL | DeMartini Robert | CEO, Dir | M - OptEx | — | +166.7K | 135.3K | New | — |
| DM | 2023-03-27 | 2023-03-25 | PRPL | DeMartini Robert | CEO, Dir | M - OptEx | $0.00 | -166.7K | 38.3K | -81% | $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 | 2023-03-25 | M | A | 55,196 | — | 190,474 | D | — | — | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-03-25 | M | A | 111,470 | — | 135,278 | D | — | — | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2023-03-25 | M | D | 111,470 | $0.00 | 0 | D | — · — to — | 111,470 Class A Common Stock | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. (F2) On March 25, 2022, the reporting person was granted 111,470 restricted stock snits. All the restricted stock units vested on March 25, 2023. |
| 4 | Derivative | Restricted Stock Units | 2023-03-25 | M | D | 55,196 | $0.00 | 38,334 | D | — · — to — | 55,196 Class A Common Stock | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. (F3) On June 2, 2022, the reporting person was granted 93,530 restricted stock units, of which 55,196 vested on March 25, 2023. The remaining 38,334 restricted stock units will vest on March 25, 2024. |