Matthew Neagle - Aug 27, 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
Aug 27, 2021
Transactions value $
-$204,335
Form type
4/A - Amendment
Date filed
2/14/2022, 08:32 PM
Date Of Original Report
Aug 30, 2021
Previous filing
Aug 18, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCH Common Stock Options Exercise $19.8K +6K +2.02% $3.30 303K Aug 27, 2021 Direct
transaction PRCH Common Stock Sale -$107K -5.5K -1.82% $19.49* 297K Aug 27, 2021 Direct F1
transaction PRCH Common Stock Sale -$117K -6K -2.02% $19.49* 291K Aug 27, 2021 Direct F1, F2

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 -6K -36.29% $0.00 10.5K Aug 27, 2021 Common Stock 6K $3.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 6, 2021.
F2 This Form 4 is being amended to report the missing sale of an additional 6,000 shares of Common Stock.
F3 25% of the option vested on March 31, 2020 (the "Vesting Commencement Date"), 25% of the remainder vested on the 12 month anniversary of the Vesting Commencement Date. The remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.