Kevin J. O Connor - 24 May 2021 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Role
Director
Signature
/s/ Benjamin C. Singer, Attorney-in-fact
Issuer symbol
PCOR
Transactions as of
24 May 2021
Net transactions value
$0
Form type
4
Filing time
26 May 2021, 17:07:17 UTC
Previous filing
19 May 2021
Next filing
07 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Conversion of derivative security +1,609,014 +52755% 1,612,064 24 May 2021 Direct F1, F2, F3
transaction PCOR Common Stock Conversion of derivative security +166,667 166,667 24 May 2021 See footnote F1, F4
transaction PCOR Common Stock Conversion of derivative security +166,667 166,667 24 May 2021 See footnote F1, F5
transaction PCOR Common Stock Conversion of derivative security +100,000 100,000 24 May 2021 See footnote F1, F6
transaction PCOR Common Stock Conversion of derivative security +54,378 54,378 24 May 2021 See footnote F1, F7

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 PCOR Series A Preferred Stock Conversion of derivative security $0 -804,841 -100% $0.000000* 0 24 May 2021 Common Stock 804,841 Direct F1
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -194,173 -100% $0.000000* 0 24 May 2021 Common Stock 194,173 Direct F2
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -610,000 -100% $0.000000* 0 24 May 2021 Common Stock 610,000 Direct F3
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -166,667 -100% $0.000000* 0 24 May 2021 Common Stock 166,667 See footnote F1, F8
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -166,667 -100% $0.000000* 0 24 May 2021 Common Stock 166,667 See footnote F1, F9
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -100,000 -100% $0.000000* 0 24 May 2021 Common Stock 100,000 See footnote F1, F10
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -54,378 -100% $0.000000* 0 24 May 2021 Common Stock 54,378 See footnote F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock converted into one share of common stock immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
F2 Each share of Series B Preferred Stock converted into one share of common stock immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
F3 Each share of Series C Preferred Stock converted into one share of common stock immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
F4 The shares are held by the Kevin O'Connor 2021 GRAT.
F5 The shares are held by the Nancy Zink O'Connor 2020 GRAT, for which the reporting person is the trustee.
F6 The shares are held by the 2012 O'Connor Family Irrevocable Trust dtd 12/14/2012 The GS Trust Co. of Delaware, Trustee.
F7 The shares are held by Joan V. O'Connor and Kevin O'Connor, as Co-Trustee of the Joan V. O'Connor Living Trust dated May 16, 2006, as amended and restated.
F8 The shares were held by the Kevin O'Connor 2021 GRAT.
F9 The shares were held by the Nancy Zink O'Connor 2020 GRAT, for which the reporting person is the trustee.
F10 The shares were held by the 2012 O'Connor Family Irrevocable Trust dtd 12/14/2012 The GS Trust Co. of Delaware, Trustee.
F11 The shares were held by Joan V. O'Connor and Kevin O'Connor, as Co-Trustee of the Joan V. O'Connor Living Trust dated May 16, 2006, as amended and restated.