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