Porch Group, Inc. — Director's Dealing 2021

Oct 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Porch Group, Inc. (PRCH)
CIK: 0001784535
Period of Report: 2021-10-22

Reporting Person: Neagle Matthew (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-22	Common Stock	M	3000	$3.30	Acquired	318516	Direct
2021-10-22	Common Stock	S	3000	$17.98	Disposed	315516	Direct
2021-10-22	Common Stock	S	1500	$17.98	Disposed	314016	Direct
2021-10-26	Common Stock	M	2500	$2.73	Acquired	316516	Direct
2021-10-26	Common Stock	S	2500	$18.51	Disposed	314016	Direct
2021-10-26	Common Stock	S	1500	$18.51	Disposed	312516	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-22	Stock Option	$3.30	M	3000	Disposed	2030-06-04	Common Stock (3000)	Direct
2021-10-26	Stock Option	$2.73	M	2500	Disposed	2028-08-23	Common Stock (2500)	Direct

Footnotes

F1: This transaction represents the cashless exercise of stock options granted to the Reporting Person on June 5, 2020.

F2: This transaction represents the cashless exercise of stock options granted to the Reporting Person on August 24, 2018.

F3: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 6, 2021.

F4: 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.

F5: This option vests 25% on the first anniversary of the vesting commencement date and in subsequent 1/36th increments for each subsequent month of continuous employment.