InnoHold, LLC 4
4 · Purple Innovation, Inc. · Filed Aug 15, 2019
Insider Transaction Report
Form 4
InnoHold, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-08-13−609,581→ 39,110,837 total→ Class A Common Stock (609,581 underlying)
Footnotes (2)
- [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 August 13, 2019, InnoHold, LLC ("InnoHold") distributed pro rata a total of 609,581shares 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.