4//SEC Filing
Heimbigner Martin L. 4
Accession 0001104659-21-149059
CIK 0001784535other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 4:01 PM ET
Size
7.0 KB
Accession
0001104659-21-149059
Insider Transaction Report
Form 4
Heimbigner Martin L.
Chief Financial Officer
Transactions
- Award
Common Stock
2021-12-09+401→ 42,590 total - Tax Payment
Common Stock
2021-12-09$21.71/sh−6,149$133,495→ 36,441 total
Footnotes (2)
- [F1]Represents additional restricted shares of common stock ("Earnout Shares") of Porch Group, Inc. (the "Issuer") issued pursuant to the Earnout Share adjustment mechanics in the Agreement and Plan of Merger, dated as of July 30, 2020, (as amended, the "Merger Agreement"), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto.
- [F2]Represents Earnout Shares forfeited to satisfy tax obligations in connection with the vesting of 10,141 Earnout Shares previously reported on Table I due to Issuer meeting the $20.00 common stock price hurdle set forth in the Merger Agreement and the corresponding vesting of one-third (1/3) of all Earnout Shares issued under the Merger Agreement.
Documents
Issuer
Porch Group, Inc.
CIK 0001784535
Entity typeother
Related Parties
1- filerCIK 0001623581
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 4:01 PM ET
- Size
- 7.0 KB