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Porch Group, Inc. — Director's Dealing 2021
Mar 11, 2021
31781_dirs_2021-03-11_deb744f1-a05c-452d-9328-9899d17127a3.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: 2021-03-02
Reporting Person: Ehrlichman Matt (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-02 | Common Stock | M | 20639 | — | Acquired | 8668823 | Direct |
| 2021-03-02 | Common Stock | F | 5914 | $19.09 | Disposed | 8662909 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-02 | Restricted Stock Units | $ | M | 13810 | Disposed | Common Stock (13810) | Direct | |
| 2021-03-02 | Restricted Stock Units | $ | M | 6829 | Disposed | Common Stock (6829) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6772076 | Indirect |
Footnotes
F1: Restricted stock units convert into Common Stock on a one-for-one basis.
F2: Includes earn out shares and restricted stock granted in connection with Porch Group, Inc.'s initial business combination, subject to certain vesting and clawback provisions.
F3: Includes earn out shares granted in connection with Porch Group, Inc.'s initial business combination, subject to certain vesting and clawback provisions.
F4: These shares of Common Stock are held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.
F5: This restricted stock unit award is subject to the following vesting conditions: (1) a continued service vesting condition (March 1, 2021) and (2) the expiration of any contractual lock up period with respect to the Reporting Person following a liquidity event (defined as the closing of a sale of the Issuer, an initial public offering of the equity securities of the Issuer or a business combination with a special purpose acquisition company).
F6: This restricted stock unit award is subject to the following vesting conditions: (1) a continued service vesting condition (March 1, 2021) and (2) the expiration of any contractual lock up period with respect to the Reporting Person following a liquidity event (defined as the closing of a sale of the Issuer, an initial public offering of the equity securities of the Issuer or a business combination with a special purpose acquisition company).