Porch Group, Inc. — Director's Dealing 2021

Sep 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Porch Group, Inc. (PRCH)
CIK: 0001784535
Period of Report: 2021-09-17

Reporting Person: Neagle Matthew (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-17	Common Stock	M	1000	$3.30	Acquired	317516	Direct
2021-09-17	Common Stock	S	1000	$19.49	Disposed	316516	Direct
2021-09-21	Common Stock	M	1500	$3.30	Acquired	318016	Direct
2021-09-21	Common Stock	M	2500	$2.07	Acquired	320516	Direct
2021-09-21	Common Stock	S	4000	$19.25	Disposed	316516	Direct
2021-09-21	Common Stock	S	1000	$19.49	Disposed	315516	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-17	Stock Option (right to buy)	$3.30	M	799	Disposed	2030-06-04	Common Stock (799)	Direct
2021-09-17	Stock Option (right to buy)	$3.30	M	201	Disposed	2030-06-04	Common Stock (201)	Direct
2021-09-21	Stock Option (right to buy)	$3.30	M	1500	Disposed	2030-06-04	Common Stock (1500)	Direct
2021-09-21	Stock Option (right to buy)	$2.07	M	2500	Disposed	2028-06-05	Common Stock (2500)	Direct

Footnotes

F1: 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.

F2: 25% of the option vested on March 31, 2020 (the "Vesting Commencement Date"), 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.

F3: 25% of the option vested on the sixth-month anniversary of March 1, 2020 (the "Vesting Commencement Date") and 25% in 6 equal monthly installments thereafter; of the remaining 50%, 25% vested on the one-year anniversary of the Vesting Commencement Date and the remainder vests in 36 equal monthly installments thereafter.

F4: This option vested 100% on March 1, 2018.