McGarvey Casey Kale 4
4 · Purple Innovation, Inc. · Filed Jan 26, 2021
Insider Transaction Report
Form 4
McGarvey Casey Kale
Chief Legal Officer and Sec.
Transactions
- Sale
Class A Common Stock
2021-01-25$40.48/sh−50,000$2,023,750→ 0 total - Conversion
Class B Common Stock
2021-01-25−55,000→ 95,000 total→ Class A Common Stock (55,000 underlying) - Conversion
Class A Common Stock
2021-01-25+55,000→ 55,000 total - Sale
Class A Common Stock
2021-01-25$41.02/sh−5,000$205,125→ 50,000 total
Footnotes (4)
- [F1]The shares of Class B Common Stock are convertible (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, and have no expiration date.
- [F2]The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2020.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.05, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.95, inclusive.