Form 4 for PRPL Purple Innovation, Inc.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001213900-24-023720 · 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 | 2024-03-19 | 2024-03-15 | PRPL | HUTCHINGS JEFFREY LAYNE | Chief Innovation Off | M - OptEx | — | +11.2K | 21.1K | +114% | — |
| D | 2024-03-19 | 2024-03-15 | PRPL | HUTCHINGS JEFFREY LAYNE | Chief Innovation Off | M - OptEx | $0.00 | -11.2K | 22.5K | -33% | $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 | 2024-03-15 | M | A | 11,235 | — | 21,061 | D | — | — | (F1) Restricted Stock Units convert into Class A Common Stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 11,235 | $0.00 | 22,470 | D | — · — to — | 11,235 Class A Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in three equal annual installments; one-third on March 15, 2024; one-half of the remainder on March 15, 2025; and the balance on March 15, 2026 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number. |