White Verdi Ray III 4
4 · Purple Innovation, Inc. · Filed Nov 19, 2020
Insider Transaction Report
Form 4
White Verdi Ray III
Chief Retail Officer
Transactions
- Sale
Class A Common Stock
2020-11-17$28.51/sh−10,000$285,100→ 0 total - Exercise/Conversion
Class A Common Stock
2020-11-17$6.65/sh+10,000$66,500→ 10,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-11-17−10,000→ 173,000 totalExercise: $6.65Exp: 2024-05-10→ Class A Common Stock (10,000 underlying)
Footnotes (1)
- [F1]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.