0001213900-21-029176.txt : 20210525
0001213900-21-029176.hdr.sgml : 20210525
20210525201944
ACCESSION NUMBER: 0001213900-21-029176
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210521
FILED AS OF DATE: 20210525
DATE AS OF CHANGE: 20210525
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anthos Pano
CENTRAL INDEX KEY: 0001649230
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37523
FILM NUMBER: 21962403
MAIL ADDRESS:
STREET 1: 81 WASHINGTON ST 2F
CITY: BROOKLYN
STATE: NY
ZIP: 11201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Purple Innovation, Inc.
CENTRAL INDEX KEY: 0001643953
STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510]
IRS NUMBER: 474078206
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4100 N. CHAPEL RIDGE RD
STREET 2: SUITE 200
CITY: LEHI
STATE: UT
ZIP: 84043
BUSINESS PHONE: 801-756-2600
MAIL ADDRESS:
STREET 1: 4100 N. CHAPEL RIDGE RD
STREET 2: SUITE 200
CITY: LEHI
STATE: UT
ZIP: 84043
FORMER COMPANY:
FORMER CONFORMED NAME: Global Partner Acquisition Corp.
DATE OF NAME CHANGE: 20150602
4
1
ownership.xml
X0306
4
2021-05-21
0
0001643953
Purple Innovation, Inc.
PRPL
0001649230
Anthos Pano
81 WASHINGTON STREET 2F
BROOKLYN
NY
11201
1
0
0
0
Class A Common Stock
2021-05-21
4
A
0
2969
0
A
25387
D
Class A Common Stock
2021-05-25
4
M
0
1415
11.50
A
26802
D
Class A Common Stock
2021-05-25
4
D
0
528
30.85
D
26274
D
Private Placement Warrants (right to buy)
2021-05-25
4
M
0
2830
0
D
2021-05-25
2023-02-02
Class A Common Stock
1415
0
D
On May 25, 2021, Mr. Anthos exercised 2,830 warrants (the "Private Placement Warrants") on a cashless basis pursuant to the Warrant Agreement, dated as of July 29, 2015, by and between the Issuer and Continental Stock Transfer & Trust Company (the "Warrant Agreement"), with each Private Placement Warrant exercisable for one-half share of Common Stock per Private Placement Warrant at a price of $11.50 per whole share. The disposition of Common Stock in connection with the cashless exercise was exempted pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended, by resolution of the board of directors of the Issuer prior to the disposition.
The number of shares issuable upon a cashless exercise is determined, in accordance with Section 3.3.1(b) of the Warrant Agreement by dividing (x) the product of the number of shares of Common Stock underlying the Private Placement Warrants multiplied by the difference between $11.50 and the Fair Market Value by (y) the Fair Market Value. For this purpose, the "Fair Market Value" is equal to the average last sale price of the Issuer's Common Stock for the ten (10) trading days ending on the third trading day prior to May 25, 2021. The Issuer has calculated the Fair Market Value to be $30.85.
/s/ Casey K. McGarvey, Attorney-in-Fact
2021-05-25