4//SEC Filing
DeMartini Robert 4
Accession 0001013762-25-000580
CIK 0001643953other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:02 PM ET
Size
8.9 KB
Accession
0001013762-25-000580
Insider Transaction Report
Form 4
DeMartini Robert
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-15−56,258→ 56,529 total→ Class A Common Stock (56,528 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-15+56,528→ 720,197 total - Tax Payment
Class A Common Stock
2025-03-15$0.90/sh−16,337$14,702→ 703,860 total
Footnotes (2)
- [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, 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.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001900302
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:02 PM ET
- Size
- 8.9 KB