Legg John A. 4
4 · Purple Innovation, Inc. · Filed Nov 19, 2020
Insider Transaction Report
Form 4
Legg John A.
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2020-11-18$5.75/sh+15,000$86,250→ 17,980 total - Sale
Class A Common Stock
2020-11-18$30.14/sh−15,000$452,100→ 2,980 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-11-18−15,000→ 210,000 totalExercise: $5.75Exp: 2024-02-21→ Class A Common Stock (15,000 underlying)
Footnotes (1)
- [F1]25% of the options granted vested and became exercisable on February 21, 2020. The remaining 75% of the options vest and become exercisable in monthly installments on the first day of each calendar month beginning on March 1, 2020 in the amount of one-forty-eighth of the full amount for the remaining three years.