Ehrlichman Matt 4
4 · Porch Group, Inc. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
Ehrlichman Matt
DirectorCEO, CHAIRMAN AND FOUNDER10% Owner
Transactions
- Tax Payment
Common Stock
2024-01-01$3.08/sh−3,548$10,928→ 13,170,944 total - Tax Payment
Common Stock
2024-01-01$3.08/sh−17,606$54,226→ 13,174,492 total
Holdings
- 6,416,712(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 36 months, with the vesting period commencing on October 1, 2021
- [F2]Reflects the forfeiture of 683,530 restricted shares of common stock ("Earnout Shares") previously issued pursuant to 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. The Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.
- [F3]These shares represent shares withheld on the quarterly vesting of the Reporting Person's February 10, 2022 RSU grant. The RSUs will continue to vest ratably on a quarterly basis over 30 months, with the vesting period commencing on October 1, 2021.
- [F4]Reflects the forfeiture of 228,796 Earnout Shares previously issued pursuant to the Merger Agreement, by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto. The Earnout Shares were automatically forfeited on December 23, 2023 pursuant to the terms of the Merger Agreement because certain vesting conditions were not satisfied.
- [F5]Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.