Key facts
- This page summarizes Park West Asset Management LLC's Form 4 filing for Porch Group, Inc. (PRCH).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 17 Apr 2023, 21:00.
Park West Asset Management LLC - 17 Apr 2023 Form 4 Insider Report for Porch Group, Inc. (PRCH)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- PRCH
- Reported as of
- 17 Apr 2023
- Net transaction value
- -$3,302,000
- SEC form
- 4
- Accepted by SEC
- 17 Apr 2023, 21:00:07 UTC
- Prior SEC filing
- 14 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Grace Jimenez, Chief Financial Officer of Park West Asset Management LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Park West Asset Management LLC filed Form 4 for Porch Group, Inc. (PRCH) on 17 Apr 2023.
Change
- Previous filing in this sequence was filed on 14 Feb 2023.
- Current net transaction value: -$3,302,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PRCH
transaction
Common Stock, par value $0.0001
Sale
- Transaction value
- $3,302,000
- Shares
- -2,600,000
- Change %
- -21%
- Price
- $1.27
- Shares after
- 9,667,707
- Date
- 17 Apr 2023
- Ownership
- See Footnote
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Park West Asset Management LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Park West Asset Management LLC ("PWAM") is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company ("PWIMF") and Park West Partners International, Limited, a Cayman Islands exempted company ("PWPI" and, collectively with PWIMF, the "PW Funds"). Peter S. Park ("Mr. Park"), through one or more affiliated entities, is the controlling manager of the Reporting Person. The Reporting Person's and Mr. Park's beneficial ownership is limited to their pecuniary interest, if any, in the securities reported herein.
Footnote F2
Represents the sale of shares in a privately negotiated sale transaction. The Reporting Person's sales reported herein are matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with previously reported transactions by the Reporting Person (the "Previous Transactions"). Because the sale reported herein occurred at a price lower than the price the Reporting Person sold shares in the Previous Transactions, there are no additional recoverable profits subject to disgorgement in connection with the sale reported herein.