SEC Form 4 · accession 0001213900-18-013467
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Mark Anderson Watkins
Officer — Chief Financial Officer
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001643953
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $5.9499 | Oct 1, 2018 | A | 324,687 | A | — | Oct 1, 2023 | Class A Common Stock | 324,687 | 324,687 | D |
Explanation of responses
- F125% of the options granted vest and become exercisable on November 14, 2018. The remaining 75% of the options will vest and become exercisable in forty-eight equal monthly installments on the first day of each calendar month beginning on December 1, 2018.