Filing Details

Accession Number:
0001104659-21-141481
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-18 21:05:31
Reporting Period:
2021-11-16
Accepted Time:
2021-11-18 21:05:31
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 2201 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 Disposition 2021-11-16 2,500 $26.78 300,016 No 4 S Direct
Common Stock Acquisiton 2021-11-16 61,542 $0.00 361,558 No 4 A Direct
Common Stock Acquisiton 2021-11-16 112,826 $0.00 474,384 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-based Restricted Stock Units Acquisiton 2021-11-16 37,184 $0.00 37,184 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,184 2024-11-16 No 4 A 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. Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of Porch Group, Inc. (the "Issuer") common stock upon vesting. The RSUs will vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021.
  3. Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest ratably on a quarterly basis over 36 months, with the vesting period commencing on October 1, 2021.
  4. Represents a grant of performance-based RSUs ("PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock, subject to the achievement of specified prices per share of the Issuer's common stock during a 36-month period as well as vesting. Each PRSU will vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021.