White Verdi Ray III 4
4 · Purple Innovation, Inc. · Filed Sep 30, 2020
Insider Transaction Report
Form 4
White Verdi Ray III
Chief Retail Officer
Transactions
- Sale
Class A Common Stock
2020-08-24$20.85/sh−17,000$354,450→ 0 total - Award
Employee Stock Option (right to buy)
2020-05-18+12,576→ 12,576 totalExercise: $13.12Exp: 2025-05-18→ Class A Common Stock (12,576 underlying) - Exercise/Conversion
Class A Common Stock
2020-08-24$6.65/sh+17,000$113,050→ 17,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-08-21−17,000→ 183,000 totalExercise: $6.65Exp: 2024-05-10→ Class A Common Stock (17,000 underlying)
Footnotes (2)
- [F1]25% of the options granted vest and become exercisable on March 15, 2021. The remaining 75% of the options will vest and become exercisable in monthly installments on the first day of each calendar month beginning on April 1, 2021 in the amount of one-forty-eighth of the full amount for the remaining three years.
- [F2]25% of the options granted vested and became exercisable on May 10, 2020. The remaining 75% of the options vest and become exercisable in monthly installments on the first day of each calendar month beginning on June 1, 2020 in the amount of one-forty-eighth of the full amount for the remaining three years.