Matthew Neagle - Apr 6, 2021 Form 4/A - Amendment Insider Report for Porch Group, Inc. (PRCH)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Matthew Cullen, Attorney-in-Fact
Stock symbol
PRCH
Transactions as of
Apr 6, 2021
Transactions value $
-$2,603,181
Form type
4/A - Amendment
Date filed
2/14/2022, 08:26 PM
Date Of Original Report
Apr 8, 2021
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCH Common Stock Sale -$1.05M -60K -14.06% $17.48* 367K Apr 6, 2021 Direct F1, F2
transaction PRCH Common Stock Sale -$1.16M -66K -17.98% $17.64* 301K Apr 7, 2021 Direct F3
transaction PRCH Common Stock Options Exercise $7.88K +3.81K +1.26% $2.07 305K Apr 7, 2021 Direct
transaction PRCH Common Stock Tax liability -$21.4K -1.24K -0.41% $17.27* 303K Apr 7, 2021 Direct F4
transaction PRCH Common Stock Options Exercise $26.2K +12.7K +4.17% $2.07 316K Apr 7, 2021 Direct
transaction PRCH Common Stock Tax liability -$103K -5.95K -1.88% $17.27* 310K Apr 7, 2021 Direct F4, F5
transaction PRCH Common Stock Options Exercise $41.8K +15.3K +4.94% $2.73 325K Apr 7, 2021 Direct
transaction PRCH Common Stock Tax liability -$131K -7.57K -2.33% $17.26* 318K Apr 7, 2021 Direct F4, F5
transaction PRCH Common Stock Sale -$212K -12K -3.77% $17.65* 306K Apr 7, 2021 Direct F6, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRCH Stock Option (right to buy) Options Exercise $0 -3.81K -54.58% $0.00 3.17K Apr 7, 2021 Common Stock 3.81K $2.07 Direct F8
transaction PRCH Stock Option (right to buy) Options Exercise $0 -12.7K -100% $0.00* 0 Apr 7, 2021 Common Stock 12.7K $2.07 Direct F9
transaction PRCH Stock Option (right to buy) Options Exercise $0 -15.3K -100% $0.00* 0 Apr 7, 2021 Common Stock 15.3K $2.73 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of the issuer's common stock were sold in multiple transactions at prices ranging from $17.30 to $17.65, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
F2 The amount of shares reported has been increased by 35 shares to correct an error in the amount previously reported.
F3 The price reported in Column 4 is a weighted average price. These shares of the issuer's common stock were sold in multiple transactions at prices ranging from $17.56 to $17.75, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
F4 This Form 4 is being amended to report the Transaction Code as "F" instead of "S".
F5 The price reported in Column 4 is a weighted average price. These shares of the issuer's common stock were sold in multiple transactions at prices ranging from $17.21 to $17.40, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
F6 This Form 4 is being amended to report the missing sale of an additional 12,000 shares of Common Stock.
F7 The price reported in Column 4 is a weighted average price. These shares of the issuer's common stock were sold in multiple transactions at prices ranging from $17.65 to $17.67, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
F8 This option vests 25% on the first anniversary of the vesting commencement date and in subsequent 1/48th increments for each subsequent month of continuous employment.
F9 This option vested 100% on April 1, 2018.
F10 This option vested 100% on July 1, 2018.