Form Type: 4

SEC EDGAR Link
Accession Number:0001213900-20-029333
Date:2020-05-18
Issuer: PURPLE INNOVATION, INC. (PRPL)
Original Submission Date:

Reporting Person:

LEGG JOHN A.
C/O PURPLE INNOVATION, INC.,
4100 N. CHAPEL RIDGE RD., SUITE 200 LEHI, UT 84043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
WhaleWisdom Logo

Elevate your investments