0001104659-22-023396.txt : 20220214
0001104659-22-023396.hdr.sgml : 20220214
20220214213326
ACCESSION NUMBER: 0001104659-22-023396
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211209
FILED AS OF DATE: 20220214
DATE AS OF CHANGE: 20220214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ehrlichman Matt
CENTRAL INDEX KEY: 0001515184
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 22636783
MAIL ADDRESS:
STREET 1: 10182 TELESIS COURT, SUITE 100
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Porch Group, Inc.
CENTRAL INDEX KEY: 0001784535
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 900781625
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2200 1ST AVENUE S.
CITY: SEATTLE
STATE: WA
ZIP: 98134
BUSINESS PHONE: (206) 947-2472
MAIL ADDRESS:
STREET 1: 2200 1ST AVENUE S.
CITY: SEATTLE
STATE: WA
ZIP: 98134
FORMER COMPANY:
FORMER CONFORMED NAME: PropTech Acquisition Corp
DATE OF NAME CHANGE: 20190805
4/A
1
tm226793-4_4aseq1.xml
OWNERSHIP DOCUMENT
X0306
4/A
2021-12-09
2021-12-13
0
0001784535
Porch Group, Inc.
PRCH
0001515184
Ehrlichman Matt
2200 1ST AVENUE SOUTH, SUITE 300
SEATTLE
WA
98134
1
1
1
0
CEO, Chairman and Founder
Common Stock
2021-12-09
4
A
0
8612
0
A
8518317
D
Common Stock
2021-12-09
4
F
0
157014
21.71
D
8361303
D
Common Stock
2021-12-09
4
A
0
5627
0
A
6645508
I
See Footnote
Represents additional restricted shares of common stock ("Earnout Shares") of Porch Group, Inc. (the "Issuer") issued pursuant to the Earnout Share adjustment mechanics in the Agreement and Plan of Merger, dated as of July 30, 2020, (as amended, the "Merger Agreement"), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto.
The original Form 4, filed on December 13, 2021 (the "Original Form 4"), is being amended by this Form 4 amendment solely to correct the following inadvertent administrative errors made in calculating the number of shares beneficially owned by the reporting person as a result of each of three transactions listed on the Original Form 4. After the first transaction, the Original Form 4 listed 6,648,493 shares as being directly beneficially owned by the reporting person when it should have listed 8,518,317 as being directly beneficially owned by the reporting person following that transaction.
After the second transaction, the Original Form 4 listed 6,491,479 shares as being directly beneficially owned by the reporting person when it should have listed 8,361,303 as being directly beneficially owned by the reporting person following that transaction. After the third transaction, the Original Form 4 listed 8,515,332 shares as being indirectly beneficially owned by the reporting person when it should have listed 6,645,508 as being indirectly beneficially owned by the reporting person following that transaction.
Represents Earnout Shares forfeited to satisfy tax obligations in connection with the vesting of 526,517 Earnout Shares previously reported on Table I due to Issuer meeting the $20.00 common stock price hurdle set forth in the Merger Agreement and the corresponding vesting of one-third (1/3) of all Earnout Shares issued under the Merger Agreement.
These shares of Common Stock are held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.
/s/ Matthew Cullen, as Attorney-in-fact
2022-02-14