Megibow Joseph B 4
4 · Purple Innovation, Inc. · Filed Oct 1, 2020
Insider Transaction Report
Form 4
Megibow Joseph B
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2020-05-18+34,299→ 34,299 totalExercise: $13.12Exp: 2025-05-18→ Class A Common Stock (34,299 underlying) - Award
Employee Stock Option (right to buy)
2020-10-01+179,340→ 179,340 totalExercise: $21.70Exp: 2025-10-01→ Class A Common Stock (179,340 underlying)
Footnotes (2)
- [F1]25% of the options granted vest and became 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 vest and become exercisable on October 1, 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 November 1, 2021 in the amount of one-forty-eighth of the full amount for the remaining three years.