HC PropTech Partners I LLC 4
4 · Porch Group, Inc. · Filed Dec 28, 2020
Insider Transaction Report
Form 4
HC PropTech Partners I LLC
10% Owner
Transactions
- Exercise/Conversion
Class B Common Stock
2020-12-23−4,187,500→ 0 total→ Class A Common Stock (4,187,500 underlying) - Exercise/Conversion
Class A Common Stock
2020-12-23+4,187,500→ 4,187,500 total - Other
Class A Common Stock
2020-12-23−4,187,500→ 0 total
Footnotes (2)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333-234512) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock were automatically convertible into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. In connection with the closing of the registrant's initial business combination, the outstanding shares of Class B common stock were converted into shares of Class A common stock.
- [F2]Represents the pro rata distribution of the shares of Class A common stock of the registrant held by the reporting person to all of its members or their permitted transferees.