Ehrlichman Matt 4
4 · Porch Group, Inc. · Filed Apr 9, 2024
Insider Transaction Report
Form 4
Ehrlichman Matt
DirectorCEO, CHAIRMAN AND FOUNDER10% Owner
Transactions
- Tax Payment
Common Stock
2024-04-05$4.34/sh−45,502$197,479→ 13,621,477 total - Award
Common Stock
2024-04-05+520,672→ 13,666,979 total
Holdings
- 6,416,712(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. 25% of the RSUs shall vest on April 5, 2025, 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.
- [F2]These shares represent shares withheld on the annual vesting of the Reporting Person's April 7, 2023, RSU grant. The RSUs will continue to vest ratably every 6 months over the remaining term of the 48-month vesting period which commenced on April 5, 2023, subject to the Reporting Person's continuous employment or service with the Issuer.
- [F3]Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.