Matthew Neagle - 09 Jul 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: Chief Operating Officer
Signature: /s/ Matthew Cullen, as Attorney-in-fact
Issuer symbol: PRCH
Transactions as of: 09 Jul 2021
Net transactions value: -$24,285
Form type: 4
Filing time: 14 Jul 2021, 06:00:54 UTC
Previous filing: 14 Feb 2022
Next filing: 18 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Options Exercise	$4,950	+1,500	+0.47%	$3.30	322,250	09 Jul 2021	Direct
transaction	PRCH	Common Stock	Sale	$29,235	-1,500	-0.47%	$19.49^*	320,750	09 Jul 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	-1,500	-8.3%	$0.000000	16,535	09 Jul 2021	Common Stock	1,500	$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.