Craig F. Courtemanche Jr. - Mar 8, 2024 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Signature
/s/ Uyen Nguyen, Attorney-in-Fact
Stock symbol
PCOR
Transactions as of
Mar 8, 2024
Transactions value $
-$8,800,000
Form type
4
Date filed
3/8/2024, 06:15 PM
Previous filing
Mar 4, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Sale -$8M -100K -3.5% $80.00 2.76M Mar 8, 2024 See Footnote F1, F2
transaction PCOR Common Stock Sale -$560K -7K -0.56% $80.00 1.24M Mar 8, 2024 See Footnote F1, F3
transaction PCOR Common Stock Sale -$240K -3K -0.56% $80.00 533K Mar 8, 2024 See Footnote F1, F4, F5
holding PCOR Common Stock 748K Mar 8, 2024 Direct
holding PCOR Common Stock 23.7K Mar 8, 2024 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 dated June 7, 2023.
F2 Shares are held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F3 The shares are held of record by the Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F4 The price reported in Column 4 is a weighted average price . These shares were sold as part of a block trade in multiple transactions at prices ranging from $80.00 to $80.03, 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.
F5 The shares are held by The Courtemanche 2016 Irrevocable Trust.