0001784535-24-000082.txt : 20240611
0001784535-24-000082.hdr.sgml : 20240611
20240611190731
ACCESSION NUMBER: 0001784535-24-000082
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240608
FILED AS OF DATE: 20240611
DATE AS OF CHANGE: 20240611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vengalil Regi
CENTRAL INDEX KEY: 0001837531
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39142
FILM NUMBER: 241037136
MAIL ADDRESS:
STREET 1: 411 1ST AVENUE SOUTH
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]
ORGANIZATION NAME: 06 Technology
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_1718147242.xml
FORM 4
X0508
4
2024-06-08
0
0001784535
Porch Group, Inc.
PRCH
0001837531
Vengalil Regi
411 FIRST AVENUE SOUTH
SUITE 501
SEATTLE
WA
98104
1
0
0
0
0
Common Stock
2024-06-08
4
A
0
70113
0
A
201235
D
Common Stock
2024-06-08
4
J
0
89548
0
D
111687
D
Represents an annual grant of fully vested restricted stock units ("RSUs") for Board and Committee service under the Issuer's Non-Employee Director Compensation Policy (the "Policy"). The RSUs were granted to correct the previously reported June 8, 2023 annual grant of RSUs, pursuant to which the Reporting Person was not granted the appropriate number of RSUs under the Policy. In addition, the RSUs were granted fully vested on June 8, 2024 in order to make such correction as of the applicable vesting date for the previously reported 2023 annual grant. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The common stock will have resale restrictions pursuant to which two-thirds of the common stock may not be sold after June 8, 2024. The resale restrictions expire in equal increments on the first and second anniversaries of June 8, 2024. See Footnote 2 for a related cancellation of the previously reported 2023 annual grant.
Represents the cancellation of the previously reported 2023 annual grant for Board and Committee service under the Policy. The shares are being cancelled without value to correct the previously reported 2023 annual grant, pursuant to which the Reporting Person was not granted the appropriate number of RSUs under the Policy.
/s/Matthew Cullen as Attorney-in-fact for Regi Vengalil
2024-06-11