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Porch Group, Inc. Director's Dealing 2021

Dec 9, 2021

31781_dirs_2021-12-09_e818a302-0de0-4be5-aede-0db3a791dda3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Porch Group, Inc. (PRCH)
CIK: 0001784535
Period of Report: 2021-12-07

Reporting Person: Neagle Matthew (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-07 Common Stock M 3529 $3.30 Acquired 470413 Direct
2021-12-07 Common Stock M 971 $2.07 Acquired 471384 Direct
2021-12-07 Common Stock S 4500 $18.73 Disposed 466884 Direct
2021-12-08 Common Stock S 1000 $19.49 Disposed 465884 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-07 Stock Option $3.30 M 3529 Disposed 2030-06-04 Common Stock (3529) Direct
2021-12-07 Stock Option $2.07 M 971 Disposed 2028-06-05 Common Stock (971) Direct

Footnotes

F1: This transaction represents the cashless exercise of stock options.

F2: 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.

F3: 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.

F4: 25% of the option vested on March 1, 2019 and the remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.