Accession Number: | 0001213900-20-029333 |
Date: | 2020-05-18 |
Issuer: | PURPLE INNOVATION, INC. (PRPL) |
Original Submission Date: |
LEGG JOHN A.
C/O PURPLE INNOVATION, INC.,
4100 N. CHAPEL RIDGE RD., SUITE 200
LEHI, UT 84043
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2020-09-22 | M | 15,000 | a | $5.75 | 17,980 | direct | ||
CLASS A COMMON STOCK | 2020-09-22 | S | 15,000 | d | $21.38 | 2,980 | direct | ||
CLASS A COMMON STOCK | 2020-09-30 | M | 10,000 | a | $5.75 | 12,980 | direct | ||
CLASS A COMMON STOCK | 2020-09-30 | S | 10,000 | d | $24.72 | 2,980 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 13.12 | 2020-05-18 | deemed execution date | A | 16,006 (a) | 2025-05-18 | class a common stock 16,006 | $13.12 | 16,006 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 5.75 | 2020-09-21 | deemed execution date | M | 15,000 (d) | 2024-02-21 | class a common stock 15,000 | $5.75 | 235,000 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 5.75 | 2020-09-30 | deemed execution date | M | 10,000 (d) | 2024-02-21 | class a common stock 10,000 | $5.75 | 225,000 | direct |
ID | footnote |
---|---|
f1 | 25% of the options granted vest and become exercisable on march 15, 2021. the remaining 75% of the options will vest and become exercisable in monthly installments on the first day of each calendar month beginning on april 1, 2021 in the amount of one-forty-eighth of the full amount for the remaining three years. |
f2 | 25% of the options granted vested and became exercisable on february 21, 2020. the remaining 75% of the options vest and become exercisable in monthly installments on the first day of each calendar month beginning on march 1, 2020 in the amount of one-forty-eighth of the full amount for the remaining three years. |