Robert DeMartini - 02 Jun 2022 Form 4/A - Amendment Insider Report for Purple Innovation, Inc. (PRPL)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRPL	Restricted Stock Units	Award	$0	+93.5K	+83.91%	$0.00	205K	02 Jun 2022	Class A Common Stock	93.5K		Direct	F1, F3
transaction	PRPL	Employee Stock Option (right to buy)	Award	$0	+93.5K	+83.91%	$0.00	205K	02 Jun 2022	Class A Common Stock	93.5K	$6.82	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. One-third of the Restricted Stock Units will vest on March 25, 2023, one-half of the remainder will vest on March 25, 2024, and the remainder will vest on March 25, 2025. Fractional numbers will be rounded down to the nearest whole number.
F2	One-third of the Employee Stock Options will vest on March 25, 2023, one-half of the remainder will vest on March 25, 2024, and the remainder will vest on March 25, 2025.
F3	This amended report corrects administrative errors in column 5 of Table II, which had incorrectly stated the Number of Derivative Securities in the (D) column instead of the (A) column.