SEC Form 4 · accession 0001213900-18-018083
Purple Innovation, Inc. · PRPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
InnoHold, LLC
10% Owner
Period of report
Dec 27, 2018
Accepted (ET)
Dec 31, 2018 · 6:38 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | — | Dec 27, 2018 | J | 2,447,864 | D | — | — | Class A Common Stock | 2,447,864 | 41,623,454 | D |
Explanation of responses
- F1The shares of Class B Common Stock are convertible (together with a corresponding number of Class B Units of Purple Innovation LLC) for shares of the Issuer's Class A Common Stock, par value $0.0001 per share, as described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended, and have no expiration date.
- F2On December 27, 2018, InnoHold, LLC ("InnoHold") distributed a total of 2,447,864 shares of Class B Common Stock of Purple Innovation, Inc. to two of its members, Terry V. Pearce and Tony M. Pearce.