0001104659-21-132330.txt : 20211101
0001104659-21-132330.hdr.sgml : 20211101
20211101160122
ACCESSION NUMBER: 0001104659-21-132330
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211028
FILED AS OF DATE: 20211101
DATE AS OF CHANGE: 20211101
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Neagle Matthew
CENTRAL INDEX KEY: 0001837336
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 211367093
MAIL ADDRESS:
STREET 1: 2201 1ST AVENUE SOUTH
STREET 2: SUITE 300
CITY: SEATTLE
STATE: WA
ZIP: 98134
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Porch Group, Inc.
CENTRAL INDEX KEY: 0001784535
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 900781625
STATE OF INCORPORATION: DE
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
tm2131417-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-10-28
0
0001784535
Porch Group, Inc.
PRCH
0001837336
Neagle Matthew
2200 1ST AVENUE SOUTH
SUITE 300
SEATTLE
WA
98134
0
1
0
0
Chief Operating Officer
Common Stock
2021-10-28
4
M
0
2000
3.30
A
314516
D
Common Stock
2021-10-28
4
S
0
2000
19.49
D
312516
D
Common Stock
2021-10-28
4
S
0
3000
19.49
D
309516
D
Stock Option
3.30
2021-10-28
4
M
0
1718
0
D
2030-06-04
Common Stock
1718
15569
D
Stock Option
3.30
2021-10-28
4
M
0
282
0
D
2030-06-04
Common Stock
282
8454
D
This transaction represents the cashless exercise of stock options granted to the Reporting Person on June 5, 2020.
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 6, 2021.
With respect to half of the shares subject to this option, 50% vests in one year, with six month cliff and monthly thereafter and, with respect to the remaining half of the shares subject to this option, 50% vests on the one-year anniversary of the vesting commencement date and monthly thereafter for the following 36 months, subject to continuous employment.
25% of the option vested on March 31, 2020, the vesting commencement date, and 25% of the remainder vested on the 12 month anniversary of the vesting commencement date. The remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment.
/s/ Matthew Cullen, as Attorney-in-fact
2021-10-29