Porch Group, Inc. — Director's Dealing 2021

Nov 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Porch Group, Inc. (PRCH)
CIK: 0001784535
Period of Report: 2021-11-05

Reporting Person: Sharma Asha (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-05	Common Stock	M	6858	$1.92	Acquired	73532	Direct
2021-11-05	Common Stock	M	7046	$1.77	Acquired	80578	Direct
2021-11-05	Common Stock	M	7046	$2.73	Acquired	87624	Direct
2021-11-05	Common Stock	M	16829	$1.92	Acquired	104453	Direct
2021-11-05	Common Stock	M	18018	$3.18	Acquired	122471	Direct
2021-11-05	Common Stock	M	47563	$1.92	Acquired	170034	Direct
2021-11-05	Common Stock	S	103360	$22.58	Disposed	66674	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-05	Stock Option	$1.92	M	6858	Disposed	2027-08-18	Common Stock (6858)	Direct
2021-11-05	Stock Option	$1.77	M	7046	Disposed	2029-09-19	Common Stock (7046)	Direct
2021-11-05	Stock Option	$2.73	M	7046	Disposed	2028-08-23	Common Stock (7046)	Direct
2021-11-05	Stock Option	$1.92	M	16829	Disposed	2026-03-22	Common Stock (16829)	Direct
2021-11-05	Stock Option	$3.18	M	18018	Disposed	2025-09-10	Common Stock (18018)	Direct
2021-11-05	Stock Option	$1.92	M	47563	Disposed	2027-05-14	Common Stock (47563)	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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.22 to $23.09 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.

F4: This option vested in 12 successive, equal monthly installments and was fully vested on August 12, 2018.

F5: This option vested in four successive, equal quarterly installments and was fully vested on August 12, 2020.

F6: This option vested in four successive, equal quarterly installments and was fully vested on August 24, 2019.

F7: 25% of the shares subject to the option vested on February 17, 2017 and the remainder vested in 36 equal monthly installments thereafter until August 11, 2017.

F8: 20% of the shares subject to the option vested on September 11, 2016 and the remainder vested in 48 equal monthly installments thereafter until August 11, 2017.

F9: This option vested 100% on March 31, 2017.