Common use of Target Number of Shares Clause in Contracts

Target Number of Shares. [*]1 shares (the “Target Shares”) of Class A Common Stock of Purple Innovation, Inc. The number of Target Shares that may actually be earned and become eligible to vest pursuant to this Agreement can be between 0% and 100% of this Target Number of Shares but may not exceed 100% of the Target Shares.

Appears in 2 contracts

Sources: Performance Based Share Unit Agreement (Purple Innovation, Inc.), Performance Based Share Unit Agreement (Purple Innovation, Inc.)

Target Number of Shares. [*]1 200,617 shares (the “Target Shares”) of Class A Common Stock of Purple Innovation, Inc. The number of Target Shares that may actually be earned and become eligible to vest pursuant to this Agreement can be between 0% and 100% of this Target Number of Shares but may not exceed 100% of the Target Shares.

Appears in 1 contract

Sources: Performance Share Unit Agreement (Purple Innovation, Inc.)