Shawn Tabak - Dec 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
Dec 1, 2024
Transactions value $
-$165,092
Form type
4
Date filed
12/3/2024, 06:49 PM
Previous filing
Oct 29, 2024
Next filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCH Common Stock Tax liability -$165K -45.1K -16.21% $3.66 233K Dec 1, 2024 Direct F1
transaction PRCH Common Stock Award $0 +88.9K +38.13% $0.00 322K Dec 2, 2024 Direct F2
* 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 vesting of the Reporting Person's December 1, 2023 restricted stock unit ("RSU") grant, previously made pursuant to the Reporting Person's RSU on hire award (the "RSU On Hire Award"). The RSU On Hire Award has an aggregate value of $900,000 to be granted in four (4) equal installments annually under the Issuer's 2020 Stock Incentive Plan.
F2 Represents the third annual grant of 25% of the RSU On Hire Award. Each RSU represents a right to receive one share of the Issuer's common stock upon the vesting in equal installments every six months from the date of grant.