4//SEC Filing
Varni Patrice Ann 4
Accession 0001213900-22-030316
CIK 0001643953other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 12:43 PM ET
Size
8.2 KB
Accession
0001213900-22-030316
Insider Transaction Report
Form 4
Varni Patrice Ann
Chief Marketing Officer
Transactions
- Award
Restricted Stock Units
2022-05-26+20,024→ 20,024 total→ Class A Common Stock (20,024 underlying) - Award
Performance Stock Units
2022-05-26+26,341→ 26,341 total→ Class A Common Stock (26,341 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, 2023; one-third on March 15, 2024; and one-third on March 15, 2025 (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, 2025. 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, 2025.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001864514
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 12:43 PM ET
- Size
- 8.2 KB