4//SEC Filing
McDermott Tricia 4
Accession 0001213900-24-022698
CIK 0001643953other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:44 PM ET
Size
8.4 KB
Accession
0001213900-24-022698
Insider Transaction Report
Form 4
McDermott Tricia
Chief Legal Officer
Transactions
- Award
Restricted Stock Units
2024-03-14+108,024→ 108,024 total→ Class A Common Stock (108,024 underlying) - Award
Performance Stock Units
2024-03-14+200,617→ 200,617 total→ Class A Common Stock (200,617 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 14, 2025; one-half of the remainder on March 14, 2026; and the balance on March 14, 2027 (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 14, 2027. 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 14, 2027.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001722483
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:44 PM ET
- Size
- 8.4 KB