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PROCORE TECHNOLOGIES, INC. — Director's Dealing 2021
May 20, 2021
30546_dirs_2021-05-19_d93d0ecc-0b47-4a73-8936-725fd45bee6d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PROCORE TECHNOLOGIES, INC. (PCOR)
CIK: 0001611052
Period of Report: 2021-05-19
Reporting Person: Bueker Kathryn (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 27111 | Direct |
Footnotes
F1: Represents shares issuable upon the settlement of restricted stock units ("RSUs"). The RSUs have two different vesting conditions, both of which
must be met in order for any RSUs to vest and settle in shares of the Issuer's common stock: (i) a service-based vesting condition (the "Service-Based Condition"), and (ii) a liquidity event vesting condition (the "Liquidity Event Condition"). The Service-Based Condition will be satisfied with respect to 1/4th on February 20th of each year beginning on February 20, 2022, assuming continued service through such date. The Liquidity Event Condition will be satisfied upon the first to occur of: (1) a Change in Control and (2) the effective date of a registration statement for an initial public offering of the Issuer's common stock.