Matthew Neagle - Oct 12, 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: Oct 12, 2021
Transactions value $: -$33,450
Form type: 4
Date filed: 10/14/2021, 04:06 PM
Previous filing: Oct 7, 2021
Next filing: Oct 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Options Exercise	$6.83K	+2.5K	+0.79%	$2.73	318K	Oct 12, 2021	Direct	F1, F2
transaction	PRCH	Common Stock	Sale	-$40.3K	-2.5K	-0.79%	$16.11^*	316K	Oct 12, 2021	Direct	F1, F2

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	Options Exercise	$0	-2.5K	-17.43%	$0.00	11.8K	Oct 12, 2021	Common Stock	2.5K	$2.73	Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	This transaction represents the cashless exercise of stock options granted to the Reporting Person on August 24, 2018.
F2	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.
F3	This option vests 25% on the first anniversary of the vesting commencement date and in subsequent 1/36th increments for each subsequent month of continuous employment.