4//SEC Filing
HUTCHINGS JEFFREY LAYNE 4
Accession 0001013762-25-000577
CIK 0001643953other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:02 PM ET
Size
7.5 KB
Accession
0001013762-25-000577
Insider Transaction Report
Form 4
HUTCHINGS JEFFREY LAYNE
Chief Innovation Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-15−11,235→ 11,235 total→ Class A Common Stock (11,235 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-15+11,235→ 42,123 total
Footnotes (2)
- [F1]Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in three equal annual installments; one-third on March 15, 2024; one-half of the remainder on March 15, 2025; and the balance on March 15, 2026 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.
Documents
Issuer
Purple Innovation, Inc.
CIK 0001643953
Entity typeother
Related Parties
1- filerCIK 0001925286
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:02 PM ET
- Size
- 7.5 KB