4//SEC Filing
DeMartini Robert 4
Accession 0001213900-23-050936
CIK 0001643953other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 4:00 PM ET
Size
8.2 KB
Accession
0001213900-23-050936
Insider Transaction Report
Form 4
DeMartini Robert
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2023-06-20+169,585→ 169,585 total→ Class A Common Stock (169,585 underlying) - Award
Performance Stock Units
2023-06-20+314,943→ 314,943 total→ Class A Common Stock (314,943 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, 2024; one-half of the remainder on March 15, 2025; and the balance on March 15, 2026 (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, 2026.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001900302
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 4:00 PM ET
- Size
- 8.2 KB