Shawn Tabak - Jun 1, 2024 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Signature
/s/ Matthew Cullen as Attorney-in-fact for Shawn Tabak
Stock symbol
PRCH
Transactions as of
Jun 1, 2024
Transactions value $
-$86,491
Form type
4
Date filed
6/4/2024, 04:55 PM
Previous filing
Apr 9, 2024
Next filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCH Common Stock Tax liability -$86.5K -41.2K -11.72% $2.10 310K Jun 1, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations upon the first vesting of the Reporting Person's December 1, 2023 restricted stock unit ("RSU") grant (the "Grant"), which vests in two equal installments every six months from the date of grant. The remaining RSUs subject to the Grant will vest in six months, subject to the Reporting Persons continued employment or service with the Issuer. The Grant was previously made pursuant to the Reporting Person's RSU on hire award, which is granted in four equal installments annually under the Issuer's 2020 Stock Incentive Plan.