Filing Details
- Accession Number:
- 0001213900-20-015575
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-23 16:09:24
- Reporting Period:
- 2020-05-19
- Accepted Time:
- 2020-06-23 16:09:24
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1643953 | Purple Innovation Inc. | PRPL | Household Furniture (2510) | 474078206 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1731293 | Innohold, Llc | C/O Purple Innovation, Inc. 4100 N. Chapel Ridge Rd., Suite 200 Lehi UT 84043 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-05-19 | 10,789,372 | $0.00 | 10,789,372 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2020-05-19 | 10,789,372 | $10.50 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2020-06-01 | 1,618,405 | $0.00 | 1,618,405 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2020-06-01 | 1,618,405 | $10.50 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2020-05-19 | 10,789,372 | $0.00 | 10,789,372 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2020-06-01 | 1,618,405 | $0.00 | 1,618,405 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,368,855 | No | 4 | C | Direct | ||
| 16,750,450 | No | 4 | C | Direct |
Footnotes
- On May 19, 2020, InnoHold, LLC ("InnoHold"), converted 10,789,372 shares of Class B Common Stock (together with a corresponding number of Class B Units of Purple Innovation LLC) for 10,789,372 shares of Class A Common Stock, in the manner described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended.
- On May 19, 2020, in an underwritten offering of the Issuer's Class A Common Stock by certain selling stockholders, InnoHold sold an aggregate amount of 10,789,372 shares of Class A Common Stock for a price per share of $10.50. Such price per share does not reflect underwriter discounts or fees.
- The shares of Class B Common Stock are convertible at any time (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.
- On June 1, 2020, InnoHold, LLC ("InnoHold"), converted 1,618,405 shares of Class B Common Stock (together with a corresponding number of Class B Units of Purple Innovation LLC) for 1,618,405 shares of Class A Common Stock, in the manner described under the heading "Exchange Agreement" in the Issuer's current report on Form 8-K filed February 8, 2018, as amended.
- On June 1, 2020, in an underwritten offering of the Issuer's Class A Common Stock by certain selling stockholders, InnoHold sold an aggregate amount of 1,618,405 shares of Class A Common Stock for a price per share of $10.50. Such price per share does not reflect underwriter discounts or fees.
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