0001140361-20-029850.txt : 20201229
0001140361-20-029850.hdr.sgml : 20201229
20201229215840
ACCESSION NUMBER: 0001140361-20-029850
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201223
FILED AS OF DATE: 20201229
DATE AS OF CHANGE: 20201229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Heimbigner Martin L.
CENTRAL INDEX KEY: 0001623581
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 201423933
MAIL ADDRESS:
STREET 1: 110 - 110TH AVE., NE, SUITE 300
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
form4.xml
FORM 4
X0306
4
2020-12-23
0001784535
Porch Group, Inc.
PRCH
0001623581
Heimbigner Martin L.
2200 1ST AVENUE S.
SEATTLE
WA
98134
true
Chief Financial Officer
Common Stock
2020-12-23
4
J
0
48153
0
A
48153
D
Stock Option (right to buy)
3.3
2020-12-23
4
A
0
234880
0
A
2030-07-28
Common Stock
234880
234880
D
Stock Option (right to buy)
3.3
2020-12-23
4
A
0
234880
0
A
2030-07-28
Common Stock
234880
234880
D
Vested earn out shares granted in connection with Porch Group, Inc.'s ("Issuer") merger, subject to certain clawback provisions.
This option vests 25% on the first anniversary of the vesting commencement date and in subsequent 1/48th increments for each subsequent month of continuous employment. Of the then-unvested shares subject to the option, 50% will vest immediately upon a change in control, with the remaining unvested portion of the option vesting (i) in the event of a qualifying termination of employment within 12 months after such change in control, or (ii) in the event the acquiror does not assume Issuer's rights and obligations under the option.
This option vests in 4 successive, equal annual installments beginning on December 23, 2020.
/s/ Matthew Cullen as Attorney-in-fact for Martin Heimbigner
2020-12-29