SEC Form 4/A · accession 0001213900-18-015295
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark Anderson Watkins
Officer — Chief Financial Officer
Period of report
Oct 1, 2018
Accepted (ET)
Nov 9, 2018 · 4:12 pm EST
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)F2,F1 | $5.9499 | Oct 1, 2018 | A | 322,812 | A | — | Oct 1, 2023 | Class A Common Stock | 322,812 | 322,812 | D |
Explanation of responses
- F125% of the options granted vested and became exercisable on November 6, 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.
- F2The original Form 4, filed on October 3, 2018, is being amended by this Form 4 amendment to correct an administrative error in the calculation of the number of Employee Stock Options granted on October 1, 2018 when in fact 322,812 Employee Stock Options were granted. This Form 4 amendment reflects a reduction in Employee Stock Options of 1,875 from 324,687 to 322,812.