Purple Innovation Files 8-K

TL;DR

Purple Innovation (PRPL) filed an 8-K, mostly boilerplate financial docs. Check exhibits for deets.

AI Summary

On March 14, 2024, Purple Innovation, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or disclosures detailed in the provided text. The company, incorporated in Delaware, is headquartered in Lehi, Utah.

Why It Matters

This filing indicates routine corporate reporting, likely containing financial statements and exhibits for regulatory compliance. Investors should review the full filing for specific details.

Risk Assessment

Risk Level: low — The provided text is a standard 8-K filing notification and does not contain information that suggests immediate or significant risk.

Key Players & Entities

• Purple Innovation, Inc. (company) — Registrant
• Global Partner Acquisition Corp. (company) — Former company name
• March 14, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.0001 — tered Class A Common Stock, par value $0.0001 per share PRPL The Nasdaq Stock Mar

Filing Documents

• ea0201656-8k_purple.htm (8-K) — 27KB
• ea0201656-8kex99i_purple.htm (EX-99.1) — 6KB
• image_001.jpg (GRAPHIC) — 6KB
• 0001213900-24-022685.txt ( ) — 217KB
• prpl-20240314.xsd (EX-101.SCH) — 3KB
• prpl-20240314_lab.xml (EX-101.LAB) — 34KB
• prpl-20240314_pre.xml (EX-101.PRE) — 22KB
• ea0201656-8k_purple_htm.xml (XML) — 4KB

01 REGULATION FD DISCLOSURE

Item 7.01 REGULATION FD DISCLOSURE. Inducement Grants to Chief Financial Officer and Chief Legal Officer On September 19, 2023, Todd Vogensen signed an offer letter to become the Chief Financial Officer of the Company, effective October 16, 2023. The Company agreed to grant to Mr. Vogensen on the first day trading was allowed under the Company's Insider Trading Policy on or after his start date a one-time equity grant based on the market price of the Company's Class A Common Stock on the day of the grant as an inducement grant outside the Company's 2017 Equity Incentive Plan in accordance with the NASDAQ inducement grant exception found in NASDAQ Listing Rule 5635(c)(4). This grant will be awarded in performance stock units ("PSUs") and restricted stock units ("RSUs"). The PSUs have a three-year cliff vesting schedule and are contingent upon the stock price achieving certain performance thresholds. The RSU's have a vesting schedule of 1/3rd vesting every 12 months on the anniversary of the grant. Mr. Vogensen received 240,741 PSUs and 129,630 RSUs. On September 21, 2023, Tricia McDermott signed an offer letter to become the Chief Legal Officer of the Company, effective October 23, 2023. The Company agreed to grant to Ms. McDermott on the first day trading was allowed under the Company's Insider Trading Policy on or after her start date a one-time equity grant based on the market price of the Company's Class A Common Stock on the day of the grant as an inducement grant outside the Company's 2017 Equity Incentive Plan in accordance with the NASDAQ inducement grant exception found in NASDAQ Listing Rule 5635(c)(4). This grant will be awarded in performance stock units ("PSUs") and restricted stock units ("RSUs"). The PSUs have a three-year cliff vesting schedule and are contingent upon the stock price achieving certain performance thresholds. The RSU's have a vesting schedule of 1/3rd vesting every 12 months on the anniversary of the grant. Ms. McDermott received

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. EXHIBIT INDEX Exhibit Number Description 99.1 Press Release dated March 14, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PURPLE INNOVATION, INC. (Registrant) Date: March 14, 2024 By: /s/ Rob DeMartini Rob DeMartini Chief Executive Officer