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