Craig F. Courtemanche Jr. - Mar 29, 2024 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Signature
/s/ Benjamin C. Singer, Attorney-in-Fact
Stock symbol
PCOR
Transactions as of
Mar 29, 2024
Transactions value $
-$5,528,362
Form type
4
Date filed
4/2/2024, 08:30 PM
Previous filing
Mar 8, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Award $0 +141K +18.84% $0.00 889K Mar 29, 2024 Direct F1
transaction PCOR Common Stock Sale -$4.38M -54K -1.96% $81.17 2.7M Apr 1, 2024 See Footnote F2, F3, F4
transaction PCOR Common Stock Sale -$781K -9.52K -0.35% $82.04 2.69M Apr 1, 2024 See Footnote F2, F4, F5
transaction PCOR Common Stock Sale -$220K -2.71K -0.22% $81.16 1.24M Apr 1, 2024 See Footnote F2, F6, F7
transaction PCOR Common Stock Sale -$36.3K -442 -0.04% $82.09 1.24M Apr 1, 2024 See Footnote F2, F7, F8
transaction PCOR Common Stock Sale -$100K -1.23K -0.23% $81.19 532K Apr 1, 2024 See Footnote F2, F9, F10
transaction PCOR Common Stock Sale -$9.69K -118 -0.02% $82.13 531K Apr 1, 2024 See Footnote F2, F10, F11
holding PCOR Common Stock 23.7K Mar 29, 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 Represents shares of common stock issuable upon the settlement of restricted stock units (the "RSUs"). One-sixteenth (1/16th) of the RSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date"), beginning with the first Company Vesting Date following the vesting commencement date of February 20, 2024 and subject to the Reporting Person's continued service through each Company Vesting Date.
F2 Shares sold pursuant to a 10b5-1 plan dated June 7, 2023.
F3 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 $80.78 to $81.75, 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.
F4 Shares are held by Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F5 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 $81.82 to $82.31, 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.
F6 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 $80.81 to $81.74, 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.
F7 The shares are held of record by the Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F8 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 $81.90 to $82.31 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.
F9 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 $80.81 to $81,74 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.
F10 The shares are held by The Courtemanche 2016 Irrevocable Trust.
F11 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 $82.13 to $82.15 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.