5//SEC Filing
Pearce Terry Vernon 5
Accession 0001213900-20-001271
CIK 0001643953other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 4:01 PM ET
Size
6.5 KB
Accession
0001213900-20-001271
Insider Transaction Report
Form 5
Pearce Terry Vernon
DirectorCo-Director of R&D10% Owner
Transactions
- Gift
CLASS B COMMON STOCK
2019-12-31−900,474→ 29,158,227 total(indirect: By LLC)→ CLASS A COMMON STOCK (900,474 underlying)
Footnotes (2)
- [F1]The shares of Class B Common Stock are convertible at any time (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.
- [F2]Includes shares of Class B Common Stock held directly by InnoHold, LLC ("InnoHold"). As one of the two managers of InnoHold, Mr. Pearce has voting and investment control over and may be considered the beneficial owner of all stock owned by InnoHold. Mr. Pearce disclaims beneficial ownership of such securities, and this report shall not be deemed an admission that Mr. Pearce is the beneficial owner of the securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein, if any. Mr. Pearce is not deemed to beneficially own the shares held directly by Tony M. Pearce or any other individuals.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001731237
Filing Metadata
- Form type
- 5
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 4:01 PM ET
- Size
- 6.5 KB