Varni Patrice Ann 4
4 · Purple Innovation, Inc. · Filed Aug 2, 2022
Insider Transaction Report
Form 4
Varni Patrice Ann
Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-08-01+268→ 8,845 total→ Class A Common Stock (268 underlying) - Exercise/Conversion
Class A Common Stock
2022-08-01+268→ 2,819 total - Tax Payment
Class A Common Stock
2022-08-01$3.52/sh−77$271→ 2,742 total
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 vested on May 28, 2022. The remaining 75% of the units granted 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.