0001784535-24-000004.txt : 20240103
0001784535-24-000004.hdr.sgml : 20240103
20240103205412
ACCESSION NUMBER: 0001784535-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240101
FILED AS OF DATE: 20240103
DATE AS OF CHANGE: 20240103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ehrlichman Matt
CENTRAL INDEX KEY: 0001515184
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 24509527
MAIL ADDRESS:
STREET 1: 411 1ST AVENUE S., SUITE 501
CITY: SEATTLE
STATE: WA
ZIP: 98104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Porch Group, Inc.
CENTRAL INDEX KEY: 0001784535
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 832587663
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 411 1ST AVENUE S., SUITE 501
CITY: SEATTLE
STATE: WA
ZIP: 98104
BUSINESS PHONE: (855) 767-2400
MAIL ADDRESS:
STREET 1: 411 1ST AVENUE S., SUITE 501
CITY: SEATTLE
STATE: WA
ZIP: 98104
FORMER COMPANY:
FORMER CONFORMED NAME: PropTech Acquisition Corp
DATE OF NAME CHANGE: 20190805
4
1
wk-form4_1704333242.xml
FORM 4
X0508
4
2024-01-01
0
0001784535
Porch Group, Inc.
PRCH
0001515184
Ehrlichman Matt
411 FIRST AVENUE SOUTH
SUITE 501
SEATTLE
WA
98104
1
1
1
0
CEO, CHAIRMAN AND FOUNDER
0
Common Stock
2024-01-01
4
F
0
17606
3.08
D
13174492
D
Common Stock
2024-01-01
4
F
0
3548
3.08
D
13170944
D
Common Stock
6416712
I
By LLC
These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 36 months, with the vesting period commencing on October 1, 2021
Reflects the forfeiture of 683,530 restricted shares of common stock ("Earnout Shares") previously issued pursuant to 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 Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.
These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021.
Reflects the forfeiture of 228,796 Earnout Shares previously issued pursuant to the Merger Agreement, by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto. The Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.
Issuer common stock 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
2024-01-03