Matthew Neagle - 09 Nov 2021 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: Chief Operating Officer
Signature: /s/ Matthew Cullen, as Attorney-in-fact
Issuer symbol: PRCH
Transactions as of: 09 Nov 2021
Net transactions value: -$59,222
Form type: 4
Filing time: 12 Nov 2021, 05:15:03 UTC
Previous filing: 03 Nov 2021
Next filing: 18 Nov 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	$4,879	+1,787	+0.59%	$2.73	305,303	09 Nov 2021	Direct	F1, F2
transaction	PRCH	Common Stock	Sale	$41,101	-1,787	-0.59%	$23.00^*	303,516	09 Nov 2021	Direct	F1, F2
transaction	PRCH	Common Stock	Sale	$23,000	-1,000	-0.33%	$23.00^*	302,516	09 Nov 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	-1,787	-41%	$0.000000	2,555	09 Nov 2021	Common Stock	1,787	$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.