Matthew Neagle - Nov 9, 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: Nov 9, 2021
Transactions value $: -$59,222
Form type: 4
Date filed: 11/12/2021, 05:15 AM
Previous filing: Nov 3, 2021
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Options Exercise	$4.88K	+1.79K	+0.59%	$2.73	305K	Nov 9, 2021	Direct	F1, F2
transaction	PRCH	Common Stock	Sale	-$41.1K	-1.79K	-0.59%	$23.00^*	304K	Nov 9, 2021	Direct	F1, F2
transaction	PRCH	Common Stock	Sale	-$23K	-1K	-0.33%	$23.00^*	303K	Nov 9, 2021	Direct	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	-1.79K	-41.16%	$0.00	2.56K	Nov 9, 2021	Common Stock	1.79K	$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.
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	25% of the option vested on July 1, 2019 and the remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.