0001784535-23-000054.txt : 20231205
0001784535-23-000054.hdr.sgml : 20231205
20231205201629
ACCESSION NUMBER: 0001784535-23-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231201
FILED AS OF DATE: 20231205
DATE AS OF CHANGE: 20231205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tabak Shawn
CENTRAL INDEX KEY: 0001954327
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 231468220
MAIL ADDRESS:
STREET 1: 411 1ST AVE S
STREET 2: 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]
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_1701825380.xml
FORM 4
X0508
4
2023-12-01
0
0001784535
Porch Group, Inc.
PRCH
0001954327
Tabak Shawn
411 FIRST AVENUE SOUTH
SUITE 501
SEATTLE
WA
98104
0
1
0
0
CHIEF FINANCIAL OFFICER
0
Common Stock
2023-12-01
4
F
0
50282
1.68
D
136451
D
Common Stock
2023-12-01
4
A
0
230860
0
A
367311
D
Represents shares withheld to satisfy tax withholding obligations upon vesting of the Reporting Person's December 1, 2022 restricted stock unit ("RSU") grant, previously made pursuant to the Reporting Person's RSU on hire award (the "RSU On Hire Award"). The RSU On Hire Award has an aggregate value of $900,000 to be granted in four (4) equal installments annually under the Issuer's 2020 Stock Incentive Plan.
Includes 41,328 RSUs previously granted to the Reporting Person and previously disclosed on Form 4 dated April 7, 2023. 25% of these RSUs shall vest on April 5, 2024, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Award Agreement.
Represents the second annual grant of 25% of the RSU On Hire Award. Each RSU represents a right to receive one share of the Issuer's common stock upon the vesting in equal installments every six months from the date of grant.
/s/ Matthew Cullen as Attorney-in-fact for Shawn Tabak
2023-12-05