Filing Details

Accession Number:
0001104659-21-114279
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-09 18:00:29
Reporting Period:
2021-09-07
Accepted Time:
2021-09-09 18:00:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1784535 Porch Group Inc. PRCH Services-Prepackaged Software (7372) 900781625
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1837336 Matthew Neagle 2200 1St Avenue South, Suite 300
Seattle WA 98134
Chief Operating Officer No Yes No No
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 Acquisiton 2021-09-07 23,000 $3.18 335,450 No 4 M Direct
Common Stock Disposition 2021-09-07 6,000 $23.03 329,450 No 4 S Direct
Common Stock Disposition 2021-09-07 8,000 $23.02 321,450 No 4 S Direct
Common Stock Disposition 2021-09-08 5,934 $22.76 315,516 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2021-09-07 23,000 $0.00 23,000 $3.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2025-09-10 No 4 M Direct
Footnotes
  1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 6, 2021.
  2. This option vests 25% on the first anniversary of the vesting commencement date of September 11, 2015 and in subsequent 1/48th increments for each subsequent month of continuous employment. Of the then-unvested shares subject to the option, 50% will vest immediately upon a change in control, with the remaining unvested portion of the option vesting (i) in the event of a qualifying termination of employment within 12 months after such change in control, or (ii) in the event the acquiror does not assume Issuer's rights and obligations under the option.
  3. The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $22.99 to $23.14 per share. 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 purchased at each separate price within the range set forth in this footnote.