0001104659-21-143732.txt : 20211124
0001104659-21-143732.hdr.sgml : 20211124
20211124192226
ACCESSION NUMBER: 0001104659-21-143732
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211123
FILED AS OF DATE: 20211124
DATE AS OF CHANGE: 20211124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Neagle Matthew
CENTRAL INDEX KEY: 0001837336
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 211448741
MAIL ADDRESS:
STREET 1: 2201 1ST AVENUE SOUTH
STREET 2: SUITE 300
CITY: SEATTLE
STATE: WA
ZIP: 98134
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Porch Group, Inc.
CENTRAL INDEX KEY: 0001784535
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 900781625
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2200 1ST AVENUE S.
CITY: SEATTLE
STATE: WA
ZIP: 98134
BUSINESS PHONE: (206) 947-2472
MAIL ADDRESS:
STREET 1: 2200 1ST AVENUE S.
CITY: SEATTLE
STATE: WA
ZIP: 98134
FORMER COMPANY:
FORMER CONFORMED NAME: PropTech Acquisition Corp
DATE OF NAME CHANGE: 20190805
4
1
tm2133026-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-11-23
0
0001784535
Porch Group, Inc.
PRCH
0001837336
Neagle Matthew
2200 1ST AVENUE SOUTH, SUITE 300
SEATTLE
WA
98134
0
1
0
0
Chief Operating Officer
Common Stock
2021-11-23
4
M
0
2500
3.30
A
476884
D
Common Stock
2021-11-23
4
S
0
2500
23.73
D
474384
D
Common Stock
2021-11-23
4
M
0
8000
3.18
A
482384
D
Common Stock
2021-11-23
4
S
0
8000
23.78
D
474384
D
Common Stock
2021-11-23
4
S
0
5000
23.62
D
469384
D
Stock Option
3.30
2021-11-23
4
M
0
2500
0
D
2030-06-04
Common Stock
2500
12069
D
Stock Option
3.18
2021-11-23
4
M
0
8000
0
D
2025-09-10
Common Stock
8000
0
D
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.
/s/ Matthew Cullen, as Attorney-in-fact
2021-11-24