Phillips Craig Lee 4
4 · Purple Innovation, Inc. · Filed Sep 25, 2020
Insider Transaction Report
Form 4
Phillips Craig Lee
Interim CFO
Transactions
- Exercise/Conversion
Class A Common Stock
2020-09-23$8.17/sh+51,310$419,203→ 54,310 total - Sale
Class A Common Stock
2020-09-23$23.89/sh−51,310$1,225,796→ 3,000 total - Exercise/Conversion
Class A Common Stock
2020-09-25$8.17/sh+48,690$397,797→ 51,690 total - Sale
Class A Common Stock
2020-09-25$24.00/sh−48,690$1,168,560→ 3,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-09-23−51,310→ 291,983 totalExercise: $8.17Exp: 2024-10-01→ Class A Common Stock (51,310 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2020-09-25−48,690→ 243,293 totalExercise: $8.17Exp: 2024-10-01→ Class A Common Stock (48,690 underlying)
Footnotes (1)
- [F1]25% of the options granted vested and became exercisable on March 16, 2020. The remaining 75% of the options are vesting and become exercisable in monthly installments on the first day of each calendar month beginning on April 1, 2020 in the amount of one-forty-eighth of the full amount for the remaining three years.