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Filing Details

Accession Number:: 0001784535-23-000039
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-10-02 20:17:22
Reporting Period:: 2023-09-28

Accepted Time:: 2023-10-02 20:17:22
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1784535	Porch Group Inc.	PRCH	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1515184	Matt Ehrlichman	411 First Avenue South Suite 501 Seattle WA 98104	Ceo, Chairman And Founder	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-09-28	68,933	$0.84	13,830,600	No	4	P	Direct
Common Stock	Acquisiton	2023-09-29	2,439	$0.80	13,833,039	No	4	P	Direct
Common Stock	Disposition	2023-10-01	6,580	$0.80	13,826,459	No	4	F	Direct
Common Stock	Disposition	2023-10-01	3,612	$0.80	13,822,847	No	4	F	Direct
Common Stock	Disposition	2023-10-01	14,444	$0.80	13,808,403	No	4	F	Direct
Common Stock	Acquisiton	2023-10-02	67,225	$0.79	13,875,628	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	F	Direct
No	4	F	Direct
No	4	F	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	6,645,508	Indirect	By LLC

Footnotes

Represents a purchase pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on June 2, 2023 (the "10b5-1 Plan"). The 10b5-1 Plan is scheduled to terminate on December 31, 2023 and covers the purchase of up to an aggregate of 2,327,777 shares of the Issuer's common stock. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.
The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.8044 to $0.8600 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.
These shares represent shares withheld on semi-annual vesting of the Reporting Person's May 20, 2022 RSU grant. The RSUs will continue to vest ratably on a semi-annual bases over 36 months, with the vesting period commencing on April 1, 2022.
These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021.
These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 36 months, with the vesting period commencing on October 1, 2021.
Represents a purchase pursuant the 10b5-1 Plan. The 10b5-1 Plan is scheduled to terminate on December 31, 2023 and covers the purchase of up to an aggregate of 2,327,777 shares of the Issuer's common stock. Following the purchase on October 2, 2023, all shares of the Issuer's common stock subject to the 10b5-1 Plan had been purchased and the 10b5-1 Plan terminated in accordance with its terms. Trading under the 10b5-1 Plan did not commence until at least 90 days following the date on which the plan was entered.
The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.7907 to $0.7912 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.
Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.