Alan R. Pickerill - 31 Dec 2023 Form 5 Insider Report for Porch Group, Inc. (PRCH)

Role: Director
Signature: /s/Matthew Cullen as Attorney-in-fact for Alan Pickerill
Issuer symbol: PRCH
Transactions as of: 31 Dec 2023
Net transactions value: $0
Form type: 5
Filing time: 09 Feb 2024, 16:07:27 UTC
Previous filing: 21 Dec 2023
Next filing: 06 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRCH	Common Stock	Other		-1,221	-1%		119,272	23 Dec 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the forfeiture of 1,221 restricted shares of common stock ("Earnout Shares") previously issued pursuant to the Agreement and Plan of Merger, dated as of July 30, 2020 (as amended), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto (the "Merger Agreement"). The Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.

Content

Reflects the forfeiture of 1,221 restricted shares of common stock ("Earnout Shares") previously issued pursuant to the Agreement and Plan of Merger, dated as of July 30, 2020 (as amended), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto (the "Merger Agreement"). The Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.