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Purple Innovation, Inc. — Director's Dealing 2018
Feb 8, 2018
34158_dirs_2018-02-08_0fbcec1c-6605-42b7-8187-55f00bc4fbd5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Purple Innovation, Inc. (PRPL)
CIK: 0001643953
Period of Report: 2018-02-02
Reporting Person: DICAMILLO GARY T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-02 | Class A Common Stock | J | 55904 | — | Disposed | 111809 | Indirect |
| 2018-02-02 | Class A Common Stock | J | 55905 | — | Disposed | 55904 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-02 | Warrants | $5.75 | J | 93382 | Acquired | 2023-02-02 | Class A Common Stock (46191) | Indirect |
Footnotes
F1: On February 2, 2018, Global Partner Acquisition Corp. completed its business combination with Purple Innovation, LLC (the "Business Combination"). 55,904 of the shares of Class A Common Stock were forfeited in connection with the closing of the Business Combination and 55,905 shares of Class A Common Stock were assigned to third party investors.
F2: The reporting person indirectly holds these shares of Class A Common Stock through his membership interest in Global Partner Sponsor I LLC, over which the reporting person does not have voting or dispositive control.
F3: 27,952 shares of Class A Common Stock are subject to vesting. Such shares shall vest on the first day that the closing price of the Class A Common Stock is at or above $12.50 for 20 trading days over a 30 trading day period immediately preceding such day. Shares that do not vest by February 2, 2026 shall be forfeited.
F4: These Warrants are held by Global Partner Sponsor I LLC and became exercisable within 30 days in connection with the closing of the Business Combination.
F5: Each Warrant is exercisable for one-half of one share of Class A Common Stock at an exercise price of $5.75 per half share, to be exercised only for a whole number of shares of Class A Common Stock.
F6: The reporting person indirectly holds these Warrants through his membership interest in Global Partner Sponsor I LLC, over which the reporting person does not have voting or dispositive control.