SEC Form 4 · accession 0001213900-18-015300
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Anderson Watkins
Officer — Chief Financial Officer
Period of report
Nov 6, 2018
Accepted (ET)
Nov 9, 2018 · 4:14 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)F1 | $6.08 | Nov 6, 2018 | A | 71,736 | A | — | Nov 6, 2023 | Class A Common Stock | 71,736 | 394,548 | D |
Explanation of responses
- F125% of the options granted will vest and become exercisable on November 6, 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 December 1, 2019.