Varni Patrice Ann 4
4 · Purple Innovation, Inc. · Filed Jun 1, 2022
Insider Transaction Report
Form 4
Varni Patrice Ann
Chief Marketing Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-28+3,216→ 3,216 total - Exercise/Conversion
Restricted Stock Units
2022-06-01+268→ 9,381 total→ Class A Common Stock (268 underlying) - Tax Payment
Class A Common Stock
2022-05-28$6.02/sh−1,049$6,315→ 2,167 total - Exercise/Conversion
Class A Common Stock
2022-06-01+268→ 2,435 total - Tax Payment
Class A Common Stock
2022-06-01$4.78/sh−76$363→ 2,359 total - Exercise/Conversion
Restricted Stock Units
2022-05-28+3,216→ 9,649 total→ Class A Common Stock (3,216 underlying)
Footnotes (2)
- [F1]Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
- [F2]On May 28, 2021, the reporting person was granted 12,865 Restricted Stock Units, 25% of the restricted stock units granted vesting on May 28, 2022. The remaining 75% of the units vest in monthly installments on the first day of each calendar month beginning on June 1, 2022 in the amount of one-forty-eighth of the full amount for the remaining three years.