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