Craig F. Courtemanche Jr. - 22 May 2024 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Signature
/s/ Benjamin C. Singer, Attorney-in-Fact
Issuer symbol
PCOR
Transactions as of
22 May 2024
Transactions value $
-$1,577,632
Form type
4
Filing time
24 May 2024, 20:00:12 UTC
Previous filing
03 May 2024
Next filing
05 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Sale -$1.58M -22.5K -2.53% $70.17 867K 22 May 2024 Direct F1, F2
holding PCOR Common Stock 2.63M 22 May 2024 See Footnote F3
holding PCOR Common Stock 1.24M 22 May 2024 See Footnote F4
holding PCOR Common Stock 530K 22 May 2024 See Footnote F5
holding PCOR Common Stock 23.7K 22 May 2024 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. These shares were sold at prices ranging from $69.67 to $70.67, 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 Shares are held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F4 The shares are held of record by the Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F5 The shares are held by The Courtemanche 2016 Irrevocable Trust.