Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRCH | Common Stock | Sale | -$67K | -2.5K | -0.83% | $26.78* | 300K | Nov 16, 2021 | Direct | F1 |
transaction | PRCH | Common Stock | Award | $0 | +61.5K | +20.51% | $0.00 | 362K | Nov 16, 2021 | Direct | F2 |
transaction | PRCH | Common Stock | Award | $0 | +113K | +31.21% | $0.00 | 474K | Nov 16, 2021 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRCH | Performance-based Restricted Stock Units | Award | $0 | +37.2K | $0.00 | 37.2K | Nov 16, 2021 | Common Stock | 37.2K | Direct | F4 |
Id | Content |
---|---|
F1 | 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. |
F2 | Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of Porch Group, Inc. (the "Issuer") common stock upon vesting. The RSUs will vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021. |
F3 | Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest ratably on a quarterly basis over 36 months, with the vesting period commencing on October 1, 2021. |
F4 | Represents a grant of performance-based RSUs ("PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock, subject to the achievement of specified prices per share of the Issuer's common stock during a 36-month period as well as vesting. Each PRSU will vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021. |