4//SEC Filing
White Verdi Ray III 4
Accession 0001213900-21-046552
CIK 0001643953other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 12:19 PM ET
Size
8.1 KB
Accession
0001213900-21-046552
Insider Transaction Report
Form 4
White Verdi Ray III
Chief Retail Officer
Transactions
- Award
Performance Stock Units
2021-08-11+4,480→ 4,480 total→ Class A Common Stock (4,480 underlying) - Award
Restricted Stock Units
2021-08-11+2,412→ 2,412 total→ Class A Common Stock (2,412 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in three equal annual installments; one-third on March 15, 2022; one-third on March 15, 2023; and one-third on March 15, 2024 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.
- [F2]Each Performance Stock Unit represents a contingent right to receive up to one share of Purple Innovation, Inc. Class A Common Stock after March 15, 2024. Between 0% and 100% of the Performance Stock Units will vest upon Purple Innovation, Inc.'s Class A Common Stock achieving specified target price per share levels on March 15, 2024.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001772838
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 12:19 PM ET
- Size
- 8.1 KB