InnoHold, LLC 4
4 · Purple Innovation, Inc. · Filed Jun 23, 2020
Insider Transaction Report
Form 4
InnoHold, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2020-06-01+1,618,405→ 1,618,405 total - Sale
Class A Common Stock
2020-06-01$10.50/sh−1,618,405$16,993,253→ 0 total - Conversion
Class B Common Stock
2020-06-01−1,618,405→ 16,750,450 total→ Class A Common Stock (1,618,405 underlying) - Conversion
Class A Common Stock
2020-05-19+10,789,372→ 10,789,372 total - Sale
Class A Common Stock
2020-05-19$10.50/sh−10,789,372$113,288,406→ 0 total - Conversion
Class B Common Stock
2020-05-19−10,789,372→ 18,368,855 total→ Class A Common Stock (10,789,372 underlying)
Footnotes (5)
- [F1]On May 19, 2020, InnoHold, LLC ("InnoHold"), converted 10,789,372 shares of Class B Common Stock (together with a corresponding number of Class B Units of Purple Innovation LLC) for 10,789,372 shares of Class A Common Stock, in the manner described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended.
- [F2]On May 19, 2020, in an underwritten offering of the Issuer's Class A Common Stock by certain selling stockholders, InnoHold sold an aggregate amount of 10,789,372 shares of Class A Common Stock for a price per share of $10.50. Such price per share does not reflect underwriter discounts or fees.
- [F3]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.
- [F4]On June 1, 2020, InnoHold, LLC ("InnoHold"), converted 1,618,405 shares of Class B Common Stock (together with a corresponding number of Class B Units of Purple Innovation LLC) for 1,618,405 shares of Class A Common Stock, in the manner described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended.
- [F5]On June 1, 2020, in an underwritten offering of the Issuer's Class A Common Stock by certain selling stockholders, InnoHold sold an aggregate amount of 1,618,405 shares of Class A Common Stock for a price per share of $10.50. Such price per share does not reflect underwriter discounts or fees.