0001104659-21-080108.txt : 20210611
0001104659-21-080108.hdr.sgml : 20210611
20210611160633
ACCESSION NUMBER: 0001104659-21-080108
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210609
FILED AS OF DATE: 20210611
DATE AS OF CHANGE: 20210611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pickerill Alan R
CENTRAL INDEX KEY: 0001716426
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 211011318
MAIL ADDRESS:
STREET 1: C/O EXPEDIA, INC.
STREET 2: 333 108TH AVE NE
CITY: BELLEVUE
STATE: WA
ZIP: 98004
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
tm2119421-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-06-09
0
0001784535
Porch Group, Inc.
PRCH
0001716426
Pickerill Alan R
2200 1ST AVENUE SOUTH, SUITE 300
SEATTLE
WA
98134
1
0
0
0
Common Stock
2021-06-09
4
A
0
5044
0
A
8664
D
Common Stock
2021-06-09
4
A
0
712
0
A
9376
D
Common Stock
2021-06-09
4
M
0
2448
A
11824
D
Restricted Stock Units (RSU)
2021-06-09
4
M
0
2448
0
D
Common Stock
2448
0
D
Represents an annual grant of restricted stock units ("RSUs") for Board and Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Porch Group, Inc. (the "Company") common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.
Represents a pro rata annual grant (from December 23, 2021 through the date of the Company's 2021 annual meeting of stockholders (the "Annual Meeting")) of RSUs for Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of the Company's common stock upon vesting. The shares underlying the RSUs were immediately vested on the grant date ("Pro-Rata Grant Vesting Date"). The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Pro-Rata Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Pro-Rata Grant Vesting Date.
Previously issued RSUs granted for Board and Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy converted into common stock on a one-for-one basis.
On March 23, 2021, the reporting person was granted 2,448 RSUs which vested on the date of the Annual Meeting.
/s/ Matthew Cullen, as Attorney-in-fact
2021-06-11