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