Filing Details

Accession Number:
0001209191-21-035451
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-24 17:26:37
Reporting Period:
2021-05-20
Accepted Time:
2021-05-24 17:26:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1611052 Procore Technologies Inc. PCOR Services-Prepackaged Software (7372) 731636261
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1805735 Jr. F. Craig Courtemanche C/O Procore Technologies, Inc.
6309 Carpinteria Ave.
Carpinteria CA 93013
Chief Executive Officer Yes Yes No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-05-20 122 $82.64 787,927 No 4 S Direct
Common Stock Disposition 2021-05-20 47,589 $83.73 740,338 No 4 S Direct
Common Stock Acquisiton 2021-05-24 97,087 $0.00 3,755,687 No 4 C Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 C Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Preferred Stock Disposition 2021-05-24 97,087 $0.00 97,087 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,826,829 Indirect See footnote
Common Stock 23,736 Indirect By Spouse
Footnotes
  1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's electionunder its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $83.37 to $84.14, inclusive.The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote with regard to the block trade.
  3. Each share of Series B Preferred Stock converted into one share of common stock immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
  4. Shares are held of record by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012, for which the reporting person and his spouse serve as trustees.
  5. Shares are held of record by The Courtemanche 2016 Irrevocable Trust, for which the reporting person holds shared voting power.
  6. The shares were held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012, for which the reporting person and his spouse serve as trustees.