Iconiq Strategic Partners II, L.P. - Feb 21, 2024 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Role
10%+ Owner
Signature
ICONIQ Strategic Partners II, L.P., By: ICONIQ Strategic Partners II GP, L.P., By: ICONIQ Strategic Partners II TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster
Stock symbol
PCOR
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
4
Date filed
2/23/2024, 04:15 PM
Previous filing
Dec 15, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Other -609K -10.57% 5.15M Feb 21, 2024 Direct F1, F2, F3, F4, F5
transaction PCOR Common Stock Other -477K -10.57% 4.03M Feb 21, 2024 By ICONIQ Strategic Partners II-B, L.P. F3, F4, F5, F6, F7
transaction PCOR Common Stock Other -226K -10.48% 1.93M Feb 21, 2024 By ICONIQ Strategic Partners II Co-Invest, L.P., P Series F3, F4, F5, F8, F9
holding PCOR Common Stock 5.24M Feb 21, 2024 By ICONIQ Strategic Partners III, L.P. F3, F4, F5, F10
holding PCOR Common Stock 5.6M Feb 21, 2024 By ICONIQ Strategic Partners III-B, L.P. F3, F4, F5, F11
holding PCOR Common Stock 2.04M Feb 21, 2024 By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F3, F4, F5, F12
holding PCOR Common Stock 2.01M Feb 21, 2024 By ICONIQ Strategic Partners IV, L.P. F3, F4, F5, F13
holding PCOR Common Stock 3.33M Feb 21, 2024 By ICONIQ Strategic Partners IV-B, L.P. F3, F4, F5, F14
holding PCOR Common Stock 940K Feb 21, 2024 By ICONIQ Strategic Partners IV Co-Invest, L.P., Series P F3, F4, F5, F15
holding PCOR Common Stock 115K Feb 21, 2024 By ICONIQ Strategic Partners V, L.P. F3, F4, F5, F16
holding PCOR Common Stock 177K Feb 21, 2024 By ICONIQ Strategic Partners V-B, L.P. F3, F4, F5, F17
holding PCOR Common Stock 857K Feb 21, 2024 By ICONIQ Strategic Partners VI, L.P. F3, F4, F5, F18
holding PCOR Common Stock 1.07M Feb 21, 2024 By ICONIQ Strategic Partners VI-B, L.P. F3, F4, F5, F19
holding PCOR Common Stock 1.71M Feb 21, 2024 By Divesh Makan F20
holding PCOR Common Stock 536K Feb 21, 2024 By Matthew Jacobson F21
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 21, 2024, ICONIQ Strategic Partners II, L.P. ("ICONIQ II") distributed, for no consideration, in the aggregate 609,323 shares of the Issuer's Common Stock (the "ICONIQ II Shares") to its limited partners and to ICONIQ Strategic Partners GP II, L.P. ("ICONIQ II GP"), representing each such partner's pro rata interest in such ICONIQ II Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Shares it received in the distribution by ICONIQ II to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F2 The shares are held by ICONIQ II.
F3 ICONIQ II GP is the sole general partner of each of ICONIQ II, ICONIQ Strategic Partners II-B, L.P. ("ICONIQ II-B") and ICONIQ Strategic Partners II Co-Invest, L.P., P Series ("ICONIQ II Co-Invest"). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ II Parent GP") is the sole general partner of ICONIQ II GP. ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ Strategic Partners III, L.P. ("ICONIQ III"), ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B") and ICONIQ Strategic Partners III Co-Invest, L.P., Series P ("ICONIQ III Co-Invest"). ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV"), ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B") and ICONIQ Strategic Partners IV Co-Invest, L.P., Series P ("ICONIQ IV Co-Invest").
F4 (continued) ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP. ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of each of ICONIQ Strategic Partners V, L.P. ("ICONIQ V") and ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B"). ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ VI GP") is the sole general partner of each of ICONIQ Strategic Partners VI, L.P. ("ICONIQ VI") and ICONIQ Strategic Partners VI-B, L.P. ("ICONIQ VI-B"). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ VI Parent GP") is the sole general partner of ICONIQ VI GP.
F5 (continued) Divesh Makan ("Makan") and William J.G. Griffith ("Griffith") are the sole equity holders of each of ICONIQ II Parent GP and ICONIQ III Parent GP. Makan, Griffith and Matthew Jacobson ("Jacobson") are the sole equity holders of each of ICONIQ IV Parent GP, ICONIQ V Parent GP and ICONIQ VI Parent GP. Each of ICONIQ II GP, ICONIQ II Parent GP, ICONIQ III GP, ICONIQ III Parent GP, ICONIQ IV GP, ICONIQ IV Parent GP, ICONIQ GP V, ICONIQ V Parent GP, ICONIQ VI GP, ICONIQ VI Parent GP, Makan, Griffith and Jacobson disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F6 On February 21, 2024, ICONIQ II-B distributed, for no consideration, in the aggregate 476,977 shares of the Issuer's Common Stock (the "ICONIQ II-B Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II-B Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II-B Shares it received in the distribution by ICONIQ II-B to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
F7 The shares are held by ICONIQ II-B.
F8 On February 21, 2024, ICONIQ II Co-Invest distributed, for no consideration, in the aggregate 225,864 shares of the Issuer's Common Stock (the "ICONIQ II Co-Invest Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Co-Invest Shares it received in the distribution by ICONIQ II Co-Invest to its partners, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
F9 The shares are held by ICONIQ II Co-Invest.
F10 The shares are held by ICONIQ III.
F11 The shares are held by ICONIQ III-B.
F12 The shares are held by ICONIQ III Co-Invest.
F13 The shares are held by ICONIQ IV.
F14 The shares are held by ICONIQ IV-B.
F15 The shares are held by ICONIQ IV Co-Invest.
F16 The shares are held by ICONIQ V.
F17 The shares are held by ICONIQ V-B.
F18 The shares are held by ICONIQ VI.
F19 The shares are held by ICONIQ VI-B.
F20 The shares are held by Makan through his family trust of which he is a trustee and another estate planning trust having an independent trustee. Includes an aggregate of 130,143 ICONIQ II Shares, ICONIQ II-B Shares and ICONIQ II Co-Invest Shares received in the distributions described in footnotes (1), (6) and (8) above. Makan disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that Makan is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F21 The shares are held by Jacobson through a trust of which he is a trustee. Includes an aggregate of 38,271 ICONIQ II Shares, ICONIQ II-B Shares and ICONIQ II Co-Invest Shares received in the distributions described in footnotes (1), (6) and (8) above. Jacobson disclaims beneficial ownership of the shares held by such trust for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that Jacobson is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.