Coliseum Capital Partners, L.P.'s Form 4 filing
Purple Innovation, Inc.PRPL · filed Jan 23, 2024
- Accession no.
- 0000899243-24-000104
- Filed
- Jan 23, 2024, 4:37 PM ET
- Trade date
- Jan 23, 2024
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not checked
This filing lists 1 derivative transaction. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Coliseum Capital Partners, L.P.CIK 0001356974 | Director, 10% Owner |
| Coliseum Capital, LLCCIK 0001409585 | Director, 10% Owner |
| Coliseum Capital Management, LLCCIK 0001409751 | Director, 10% Owner |
| Shackelton Christopher SCIK 0001430708 | Director, 10% Owner |
| Gray AdamCIK 0001454123 | Director, 10% Owner |
| Coliseum Capital Co-Invest III, L.P.CIK 0001807345 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 23, 2024 | Class A Common Stock | PPurchaseAcquired | +13,442,623 | –F1 | – | 13,442,623 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Pursuant to that certain Amended and Restated Credit Agreement, dated as of January 23, 2024, the Issuer issued the Warrants to certain of the Reporting Persons as partial consideration for a loan made to a subsidiary of Issuer, of which an aggregate amount of $41,000,000 was made by (a) Coliseum Capital Partners, L.P. ("CCP"), an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser and (b) a separate account investment advisory client of CCM (the "Separate Account").
Referenced by the price of 1 transaction in Table II.
Remarks
Gray is a director of the Issuer. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: CCM, CC, CCP, CCC III and Shackelton.