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