HUTCHINGS JEFFREY LAYNE 4
4 · Purple Innovation, Inc. · Filed May 14, 2024
Insider Transaction Report
Form 4
HUTCHINGS JEFFREY LAYNE
Chief Innovation Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-05-12+9,827→ 30,888 total - Exercise/Conversion
Restricted Stock Units
2024-05-12−9,827→ 9,827 total→ Class A Common Stock (9,827 underlying)
Footnotes (2)
- [F1]Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
- [F2]On May 12, 2022, the reporting person was granted 29,480 Restricted Stock Units. The Restricted Stock Units vest in three annual installments; one-third on May 12, 2023; one-half of the remainder on May 12, 2024; and the remainder on May 12, 2025 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.