William J.G. Griffith - Aug 5, 2023 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Role
Director, 10%+ Owner
Signature
/s/ William J.G. Griffith
Stock symbol
PCOR
Transactions as of
Aug 5, 2023
Transactions value $
$0
Form type
4
Date filed
8/8/2023, 04:30 PM
Previous filing
Jun 8, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Other -1.16M -13.87% 7.21M Aug 5, 2023 By ICONIQ Strategic Partners II, L.P. F1, F2, F17, F18, F19
transaction PCOR Common Stock Other -909K -13.87% 5.64M Aug 5, 2023 By ICONIQ Strategic Partners II-B, L.P. F3, F4, F17, F18, F19
transaction PCOR Common Stock Other -430K -13.87% 2.67M Aug 5, 2023 By ICONIQ Strategic Partners II Co-Invest, L.P., P Series F5, F6, F17, F18, F19
holding PCOR Common Stock 5.24M Aug 5, 2023 By ICONIQ Strategic Partners III, L.P. F7, F17, F18, F19
holding PCOR Common Stock 5.6M Aug 5, 2023 By ICONIQ Strategic Partners III-B, L.P. F8, F17, F18, F19
holding PCOR Common Stock 2.04M Aug 5, 2023 By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F9, F17, F18, F19
holding PCOR Common Stock 2.01M Aug 5, 2023 By ICONIQ Strategic Partners IV, L.P. F10, F17, F18, F19
holding PCOR Common Stock 3.33M Aug 5, 2023 By ICONIQ Strategic Partners IV-B, L.P. F11, F17, F18, F19
holding PCOR Common Stock 940K Aug 5, 2023 By ICONIQ Strategic Partners IV Co-Invest, L.P., Series P F12, F17, F18, F19
holding PCOR Common Stock 115K Aug 5, 2023 By ICONIQ Strategic Partners V, L.P. F13, F17, F18, F19
holding PCOR Common Stock 177K Aug 5, 2023 By ICONIQ Strategic Partners V-B, L.P. F14, F17, F18, F19
holding PCOR Common Stock 857K Aug 5, 2023 By ICONIQ Strategic Partners VI, L.P. F15, F17, F18, F19
holding PCOR Common Stock 1.07M Aug 5, 2023 By ICONIQ Strategic Partners VI-B, L.P. F16, F17, F18, F19
holding PCOR Common Stock 1.38M Aug 5, 2023 Direct F20
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 5, 2023, ICONIQ Strategic Partners II, L.P. ("ICONIQ II") distributed, for no consideration, in the aggregate 1,160,913 shares of the Issuer's Common Stock (the "ICONIQ II Shares") to its limited partners and to ICONIQ Strategic Partners GP II, L.P. ("ICONIQ II GP"), representing each such partner's pro rata interest in such ICONIQ II Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Shares it received in the distribution by ICONIQ II to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F2 The shares are held by ICONIQ II.
F3 On August 5, 2023, ICONIQ Strategic Partners II-B, L.P. ("ICONIQ II-B") distributed, for no consideration, in the aggregate 908,760 shares of the Issuer's Common Stock (the "ICONIQ II-B Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II-B Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II-B Shares it received in the distribution by ICONIQ II-B to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
F4 The shares are held by ICONIQ II-B.
F5 On August 5, 2023, ICONIQ Strategic Partners II Co-Invest, L.P., P Series ("ICONIQ II Co-Invest") distributed, for no consideration, in the aggregate 430,327 shares of the Issuer's Common Stock (the "ICONIQ II Co-Invest Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Co-Invest Shares it received in the distribution by ICONIQ II Co-Invest to its partners, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
F6 The shares are held by ICONIQ II Co-Invest.
F7 The shares are held by ICONIQ Strategic Partners III, L.P. ("ICONIQ III").
F8 The shares are held by ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B").
F9 The shares are held by ICONIQ Strategic Partners III Co-Invest, L.P., Series P ("ICONIQ II Co-Invest").
F10 The shares are held by ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV").
F11 The shares are held by ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B").
F12 The shares are held by ICONIQ Strategic Partners IV Co-Invest, L.P., Series P ("ICONIQ IV Co-Invest").
F13 The shares are held by ICONIQ Strategic Partners V, L.P. ("ICONIQ V").
F14 The shares are held by ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B").
F15 The shares are held by ICONIQ Strategic Partners VI, L.P. ("ICONIQ VI").
F16 The shares are held by ICONIQ Strategic Partners VI-B, L.P. ("ICONIQ VI-B").
F17 ICONIQ Strategic Partners II GP, L.P. ("ICONIQ II GP") is the sole general partner of each of ICONIQ II, ICONIQ II-B and ICONIQ II Co-Invest. ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ II Parent GP") is the sole general partner of ICONIQ II GP. ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ III, ICONIQ III-B and ICONIQ III Co-Invest. ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ IV, ICONIQ IV-B and ICONIQ IV Co-Invest. ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP.
F18 (continued) ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of each of ICONIQ V and ICONIQ V-B. ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ VI GP") is the sole general partner of each of ICONIQ VI and ICONIQ VI-B. ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ VI Parent GP") is the sole general partner of ICONIQ VI GP. Divesh Makan ("Makan") and the Reporting Person are the sole equity holders of each of ICONIQ II Parent GP and ICONIQ III Parent GP. Makan, the Reporting Person and Matthew Jacobson ("Jacobson") are the sole equity holders of each of ICONIQ IV Parent GP, ICONIQ V Parent GP and ICONIQ VI Parent GP.
F19 The Reporting Person is a General Partner and a Managing Director at ICONIQ Capital. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F20 The shares are held by the Reporting Person through his family trust of which he is a trustee and another estate planning trust having an independent trustee. Includes an aggregate of 248,082 ICONIQ II Shares, ICONIQ II-B Shares and ICONIQ II Co-Invest Shares received in the distributions described in footnotes (1), (3) and (5) above. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.