Porch Group, Inc. — Director's Dealing 2021

Dec 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Porch Group, Inc. (PRCH)
CIK: 0001784535
Period of Report: 2021-11-30

Reporting Person: Neagle Matthew (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-30	Common Stock	M	2500	$3.30	Acquired	471884	Direct
2021-11-30	Common Stock	S	2500	$20.87	Disposed	469384	Direct
2021-11-30	Common Stock	S	2500	$20.87	Disposed	466884	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-30	Stock Option	$3.30	M	1937	Disposed	2030-06-04	Common Stock (1937)	Direct
2021-11-30	Stock Option	$3.30	M	563	Disposed	2030-06-04	Common Stock (563)	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 31, 2020, the vesting commencement date, and 25% of the remainder vested on the 12 month anniversary of the vesting commencement date. The remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.