4//SEC Filing
Roddy Jack 4
Accession 0001013762-25-000573
CIK 0001643953other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:01 PM ET
Size
14.0 KB
Accession
0001013762-25-000573
Insider Transaction Report
Form 4
Roddy Jack
Chief People Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-03-15+11,499→ 68,952 total - Disposition to Issuer
Performance Stock Units
2025-03-15−42,090→ 0 total→ Class A Common Stock (0 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-15+10,666→ 57,453 total - Exercise/Conversion
Restricted Stock Units
2025-03-15−10,666→ 0 total→ Class A Common Stock (10,666 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-15−11,499→ 11,500 total→ Class A Common Stock (11,499 underlying)
Footnotes (4)
- [F1]Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
- [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, 2023; one-half of the remainder on March 15, 2024; and the balance on March 15, 2025 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.
- [F3]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.
- [F4]On May 26, 2022, the Company granted Performance Stock Units that could vest on March 15, 2025, if PRPL's Class A Common Stock achieved specific target prices per share. No target prices were achieved so no shares of Class A Common Stock were issued for these Performance Stock Units.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001677779
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:01 PM ET
- Size
- 14.0 KB