SEC Form 3 · accession 0001213900-18-013468
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph B Megibow
Officer — Chief Executive Officer · Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 8:53 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 Stock, par value $0.0001 per share | holding | — | — | — | 20,000 | D |
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 | holding | — | — | — | — | Oct 1, 2023 | Class A Common Stock | 538,020 | — | D |
Explanation of responses
- F125% of the options granted vest and become exercisable on October 1, 2019. 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 November 1, 2019.
Remarks
Exhibit List Exhibit 24 - Power of Attorney