Asha Sharma - 05 Nov 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role
Director
Signature
/s/ Matthew Cullen, as Attorney-in-fact
Issuer symbol
PRCH
Transactions as of
05 Nov 2021
Net transactions value
-$2,108,065
Form type
4
Filing time
09 Nov 2021, 18:21:11 UTC
Previous filing
12 Aug 2021
Next filing
13 Dec 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 $13,167 +6,858 +10% $1.92 73,532 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Options Exercise $12,471 +7,046 +9.6% $1.77 80,578 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Options Exercise $19,236 +7,046 +8.7% $2.73 87,624 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Options Exercise $32,312 +16,829 +19% $1.92 104,453 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Options Exercise $57,297 +18,018 +17% $3.18 122,471 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Options Exercise $91,321 +47,563 +39% $1.92 170,034 05 Nov 2021 Direct F1, F2
transaction PRCH Common Stock Sale $2,333,869 -103,360 -61% $22.58* 66,674 05 Nov 2021 Direct F1, F2, F3

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 -6,858 -100% $0.000000* 0 05 Nov 2021 Common Stock 6,858 $1.92 Direct F1, F2, F4
transaction PRCH Stock Option Options Exercise $0 -7,046 -100% $0.000000* 0 05 Nov 2021 Common Stock 7,046 $1.77 Direct F1, F2, F5
transaction PRCH Stock Option Options Exercise $0 -7,046 -100% $0.000000* 0 05 Nov 2021 Common Stock 7,046 $2.73 Direct F1, F2, F6
transaction PRCH Stock Option Options Exercise $0 -16,829 -25% $0.000000 49,720 05 Nov 2021 Common Stock 16,829 $1.92 Direct F1, F2, F7
transaction PRCH Stock Option Options Exercise $0 -18,018 -40% $0.000000 27,000 05 Nov 2021 Common Stock 18,018 $3.18 Direct F1, F2, F8
transaction PRCH Stock Option Options Exercise $0 -47,563 -100% $0.000000* 0 05 Nov 2021 Common Stock 47,563 $1.92 Direct F1, F2, F9
* 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.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 6, 2021.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.22 to $23.09 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This option vested in 12 successive, equal monthly installments and was fully vested on August 12, 2018.
F5 This option vested in four successive, equal quarterly installments and was fully vested on August 12, 2020.
F6 This option vested in four successive, equal quarterly installments and was fully vested on August 24, 2019.
F7 25% of the shares subject to the option vested on February 17, 2017 and the remainder vested in 36 equal monthly installments thereafter until August 11, 2017.
F8 20% of the shares subject to the option vested on September 11, 2016 and the remainder vested in 48 equal monthly installments thereafter until August 11, 2017.
F9 This option vested 100% on March 31, 2017.