0001140361-21-013560.txt : 20210420
0001140361-21-013560.hdr.sgml : 20210420
20210420212515
ACCESSION NUMBER: 0001140361-21-013560
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210416
FILED AS OF DATE: 20210420
DATE AS OF CHANGE: 20210420
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ehrlichman Matt
CENTRAL INDEX KEY: 0001515184
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 21839285
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
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
1
form4.xml
FORM 4
X0306
4
2021-04-16
0001784535
Porch Group, Inc.
PRCH
0001515184
Ehrlichman Matt
2200 1ST AVENUE SOUTH, SUITE 300
SEATTLE
WA
98134
true
true
true
CEO, Chairman and Founder
Common Stock
2021-04-16
4
A
0
2470
0
A
8665379
D
Common Stock
2021-04-16
4
F
0
227154
19.3
D
8438225
D
Common Stock
2021-04-16
4
A
0
1613
0
A
6773689
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.
Represents Earnout Shares forfeited to satisfy tax obligations in connection with the vesting of 345,891 Earnout Shares previously reported on Table I due to Issuer meeting the $18.00 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) and the vesting of 333,334 restricted shares of common stock previously reported on Table I which are subject to the same vesting hurdles.
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 for Matthew Ehrlichman
2021-04-20