Filing Details

Accession Number:
0001104659-21-130126
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-26 20:02:29
Reporting Period:
2021-10-22
Accepted Time:
2021-10-26 20:02:29
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 2021-10-22 3,000 $3.30 318,516 No 4 M Direct
Common Stock Disposition 2021-10-22 3,000 $17.98 315,516 No 4 S Direct
Common Stock Disposition 2021-10-22 1,500 $17.98 314,016 No 4 S Direct
Common Stock Acquisiton 2021-10-26 2,500 $2.73 316,516 No 4 M Direct
Common Stock Disposition 2021-10-26 2,500 $18.51 314,016 No 4 S Direct
Common Stock Disposition 2021-10-26 1,500 $18.51 312,516 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 M 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 Disposition 2021-10-22 3,000 $0.00 3,000 $3.30
Common Stock Stock Option Disposition 2021-10-26 2,500 $0.00 2,500 $2.73
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,287 2030-06-04 No 4 M Direct
6,842 2028-08-23 No 4 M Direct
Footnotes
  1. This transaction represents the cashless exercise of stock options granted to the Reporting Person on June 5, 2020.
  2. This transaction represents the cashless exercise of stock options granted to the Reporting Person on August 24, 2018.
  3. 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.
  4. With respect to half of the shares subject to this option, 50% vests in one year, with six month cliff and monthly thereafter and, with respect to the remaining half of the shares subject to this option, 50% vests on the one-year anniversary of the vesting commencement date and monthly thereafter for the following 36 months, subject to continuous employment.
  5. This option vests 25% on the first anniversary of the vesting commencement date and in subsequent 1/36th increments for each subsequent month of continuous employment.