McDermott Tricia 4
4 · Purple Innovation, Inc. · Filed Mar 18, 2025
Insider Transaction Report
Form 4
McDermott Tricia
Chief Legal Officer
Transactions
- Tax Payment
Class A Common Stock
2025-03-14$0.90/sh−10,176$9,157→ 25,832 total - Exercise/Conversion
Class A Common Stock
2025-03-14+36,008→ 36,008 total - Exercise/Conversion
Restricted Stock Units
2025-03-14−36,008→ 72,016 total→ Class A Common Stock (36,008 underlying)
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 14, 2025; one-half of the remainder on March 14, 2026; and the balance on March 14, 2027 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.