Sean Davis Kell - 08 Jun 2022 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Reporting relationship: Director
Issuer ticker: PRCH
Reported as of: 08 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Jun 2022, 18:29:47 UTC
Prior SEC filing: 16 May 2022
Next SEC filing: 16 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Matthew Cullen, Attorney-in-Fact

Key filing fact

Sean Davis Kell filed Form 4 for Porch Group, Inc. (PRCH) on 10 Jun 2022.

Key facts

This page summarizes Sean Davis Kell's Form 4 filing for Porch Group, Inc. (PRCH).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 10 Jun 2022, 18:29.

Change

Previous filing in this sequence was filed on 16 May 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRCH transaction

Common Stock

Award

Transaction value: $0
Shares: +23,136
Change %: +214%
Price: $0.000000
Shares after: 33,956
Date: 08 Jun 2022
Ownership: Direct
Footnotes: F1

PRCH transaction

Common Stock

Award

Transaction value: $0
Shares: +5,784
Change %: +17%
Price: $0.000000
Shares after: 39,740
Date: 08 Jun 2022
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents an annual grant of restricted stock units ("RSUs") for Board and Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Porch Group, Inc. (the "Company") common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.

Footnote F2

Represents a pro rata annual grant from date of appointment through the date of the Company's 2022 annual meeting of stockholders (the "Annual Meeting") of RSUs for Board and Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of the Company's common stock upon vesting. The shares underlying the RSUs were immediately vested on the grant date ("Pro-Rata Grant Vesting Date"). The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Pro-Rata Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Pro-Rata Grant Vesting Date.