Matthew Neagle - Oct 19, 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Signature
/s/ Matthew Cullen, as Attorney-in-fact
Stock symbol
PRCH
Transactions as of
Oct 19, 2021
Transactions value $
-$35,525
Form type
4
Date filed
10/21/2021, 07:30 PM
Previous filing
Oct 14, 2021
Next filing
Oct 26, 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 19, 2021 Direct F1, F2
transaction PRCH Common Stock Sale -$42.4K -2.5K -0.79% $16.94* 316K Oct 19, 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 -21.11% $0.00 9.34K Oct 19, 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.