SEC Form 4 · accession 0001213900-18-003696
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary T Dicamillo
Director
Period of report
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001643953
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Mar 27, 2018 | J | 55,904 | $0.00 | A | 55,904 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $11.50 | Mar 27, 2018 | J | 93,382 | A | Mar 4, 2018 | Feb 2, 2023 | Class A Common Stock | 46,691 | 93,382 | D |
Explanation of responses
- F1Represents receipt of the reporting person's pro rata distribution of the shares of Class A common stock and warrants of the registrant held by Global Partner Sponsor I LLC.
- F227,952 shares of Class A common stock are subject to vesting. Such shares shall vest on the first day that the closing price of the Class A common stock is at or above $12.50 for 20 trading days over a 30 trading day period immediately preceding such day. Shares that do not vest by February 2, 2026 shall be forfeited.