Rachel Lam - Aug 12, 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: Director
Signature: /s/ Matthew Cullen, as Attorney-in-fact
Stock symbol: PRCH
Transactions as of: Aug 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/16/2021, 07:06 PM
Previous filing: Jun 30, 2021
Next filing: Dec 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Award	$0	+4.28K		$0.00	4.28K	Aug 12, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs") in connection with the reporting person joining Porch Group, Inc.'s (the "Company") Board of Directors. The grant of RSUs was made pursuant to the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share the Company's common stock upon vesting. The shares underlying the RSUs will vest on June 9, 2022 ("Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Vesting Date.

Content

Represents a grant of restricted stock units ("RSUs") in connection with the reporting person joining Porch Group, Inc.'s (the "Company") Board of Directors. The grant of RSUs was made pursuant to the Company's Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share the Company's common stock upon vesting. The shares underlying the RSUs will vest on June 9, 2022 ("Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Vesting Date.