InnoHold, LLC 4/A
4/A · Purple Innovation, Inc. · Filed Jul 8, 2019
Insider Transaction Report
Form 4/AAmended
InnoHold, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-06-25−1,694,374→ 39,929,080 total→ Class A Common Stock (1,694,374 underlying)
Footnotes (3)
- [F1]The shares of Class B Common Stock are convertible (together with a corresponding number of Class B Units of Purple Innovation, LLC) for shares of the Issuer's Class A Common Stock, par value $0.0001 per share, as described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended, and have no expiration date.
- [F2]On June 25, 2019, InnoHold, LLC ("InnoHold") distributed pro rata a total of 1,694,374 shares of Class B Common Stock of Purple Innovation, Inc. and paired Class B Units of Purple Innovation, LLC to holders of Class B Units in InnoHold in exchange for the cancellation of such InnoHold Class B Units.
- [F3]The original Form 4 filed on June 27, 2019 is amended by this Form 4 Amendment to correct a rounding error to the number of shares of Class B Common Stock of Purple Innovation, Inc. and paired Class B Units of Purple Innovation, LLC distributed to holders of Class B Units in InnoHold.