Craig F. Courtemanche Jr. - Nov 24, 2021 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Signature
/s/ Benjamin C. Singer, Attorney-in-fact
Stock symbol
PCOR
Transactions as of
Nov 24, 2021
Transactions value $
-$1,434,263
Form type
4
Date filed
11/29/2021, 04:22 PM
Previous filing
Aug 23, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Sale -$1.43M -17.8K -2.46% $80.45 706K Nov 24, 2021 Direct F1, F2
holding PCOR Common Stock 1.83M Nov 24, 2021 See Footnote F3
holding PCOR Common Stock 3.76M Nov 24, 2021 See Footnote F4
holding PCOR Common Stock 23.7K Nov 24, 2021 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price calculated by the broker. These shares were sold as part of a block trade in multiple transactions at various prices with an weighted average price of $80.45. 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 with regard to the block trade.
F3 Shares are held of record by The Courtemanche 2016 Irrevocable Trust, for which the Reporting Person holds shared voting power.
F4 The shares were held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012, for which the Reporting Person and his spouse serve as trustees.