Filing Details
- Accession Number:
- 0001104659-21-143732
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-24 19:22:26
- Reporting Period:
- 2021-11-23
- Accepted Time:
- 2021-11-24 19:22:26
- 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 | 2021-11-23 | 2,500 | $3.30 | 476,884 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-11-23 | 2,500 | $23.73 | 474,384 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-11-23 | 8,000 | $3.18 | 482,384 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-11-23 | 8,000 | $23.78 | 474,384 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-11-23 | 5,000 | $23.62 | 469,384 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | 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 | 2021-11-23 | 2,500 | $0.00 | 2,500 | $3.30 |
| Common Stock | Stock Option | Disposition | 2021-11-23 | 8,000 | $0.00 | 8,000 | $3.18 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 12,069 | 2030-06-04 | No | 4 | M | Direct | |
| 0 | 2025-09-10 | No | 4 | M | Direct |
Footnotes
- This transaction represents the cashless exercise of stock options.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 6, 2021.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.03 to $24.03 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 sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.03 to $23.99 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 sold at each separate price within the range set forth in this footnote.
- 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.
- 25% of the option vested on September 11, 2016 and the remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.
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