Matthew Neagle - Jul 9, 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: Chief Operating Officer
Signature: /s/ Matthew Cullen, as Attorney-in-fact
Stock symbol: PRCH
Transactions as of: Jul 9, 2021
Transactions value $: -$24,285
Form type: 4
Date filed: 7/14/2021, 06:00 AM
Previous filing: Feb 14, 2022
Next filing: Aug 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Options Exercise	$4.95K	+1.5K	+0.47%	$3.30	322K	Jul 9, 2021	Direct
transaction	PRCH	Common Stock	Sale	-$29.2K	-1.5K	-0.47%	$19.49^*	321K	Jul 9, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRCH	Stock Option (right to buy)	Options Exercise	$0	-1.5K	-8.32%	$0.00	16.5K	Jul 9, 2021	Common Stock	1.5K	$3.30	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.