Craig F. Courtemanche Jr. - Jul 12, 2023 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Role
CEO & President, Director, Chairman of the Board
Signature
/s/ Benjamin C. Singer, Attorney-in-Fact
Stock symbol
PCOR
Transactions as of
Jul 12, 2023
Transactions value $
-$1,875,321
Form type
4
Date filed
7/14/2023, 04:54 PM
Previous filing
Jul 6, 2023
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Sale -$1.88M -26.8K -0.77% $70.04 3.46M Jul 12, 2023 See Footnote F1, F2, F3
holding PCOR Common Stock 894K Jul 12, 2023 Direct
holding PCOR Common Stock 1.28M Jul 12, 2023 See Footnote F4
holding PCOR Common Stock 548K Jul 12, 2023 See Footnote F5
holding PCOR Common Stock 23.7K Jul 12, 2023 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 plan originally dated March 11, 2022 and amended on June 14, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $70.00 to $70.06, inclusive. 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.
F3 The shares were held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F4 The shares are held of record by First Republic Trust Company of Delaware TTEE Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F5 The shares are held of record by The Courtemanche 2016 Irrevocable Trust.