Sean Davis Kell - 08 Jun 2024 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role: Director
Signature: /s/Matthew Cullen as Attorney-in-fact for Sean David Kell
Issuer symbol: PRCH
Transactions as of: 08 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 11 Jun 2024, 19:07:53 UTC
Previous filing: 12 Jun 2023
Next filing: 14 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	Award	$0	+10,063	+5.2%	$0.000000	203,491	08 Jun 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents an increase in the previously reported June 8, 2023 annual grant of restricted stock units ("RSUs") made for Board and Committee service under the Issuer's Non-Employee Director Compensation Policy (the "Policy"). The RSUs were granted to correct the previously reported 2023 annual grant, pursuant to which the Reporting Person was not granted the appropriate number of RSUs under the Policy. In addition, the RSUs were granted fully vested on June 8, 2024 in order to make such correction as of the applicable vesting date for the 2023 annual grant. All previously made grants to the Reporting Person and the terms thereof remain unchanged. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The common stock will have resale restrictions pursuant to which two-thirds of the common stock may not be sold after June 8, 2024. The resale restrictions expire in equal increments on the first and second anniversaries of June 8, 2024.

Content

Represents an increase in the previously reported June 8, 2023 annual grant of restricted stock units ("RSUs") made for Board and Committee service under the Issuer's Non-Employee Director Compensation Policy (the "Policy"). The RSUs were granted to correct the previously reported 2023 annual grant, pursuant to which the Reporting Person was not granted the appropriate number of RSUs under the Policy. In addition, the RSUs were granted fully vested on June 8, 2024 in order to make such correction as of the applicable vesting date for the 2023 annual grant. All previously made grants to the Reporting Person and the terms thereof remain unchanged. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The common stock will have resale restrictions pursuant to which two-thirds of the common stock may not be sold after June 8, 2024. The resale restrictions expire in equal increments on the first and second anniversaries of June 8, 2024.