Craig F. Courtemanche Jr. - 18 Jul 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
Issuer symbol
PCOR
Transactions as of
18 Jul 2023
Transactions value $
-$2,008,125
Form type
4
Filing time
20 Jul 2023, 20:17:20 UTC
Previous filing
14 Jul 2023
Next filing
14 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Sale -$2.01M -26.8K -0.77% $75.00 3.43M 18 Jul 2023 See Footnote F1, F2
holding PCOR Common Stock 894K 18 Jul 2023 Direct
holding PCOR Common Stock 1.28M 18 Jul 2023 See Footnote F3
holding PCOR Common Stock 548K 18 Jul 2023 See Footnote F4
holding PCOR Common Stock 23.7K 18 Jul 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 shares were held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F3 The shares are held of record by First Republic Trust Company of Delaware TTEE Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F4 The shares are held of record by The Courtemanche 2016 Irrevocable Trust.