4//SEC Filing
TULLOCH MAURICE 4
Accession 0001784535-24-000079
CIK 0001784535other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 7:06 PM ET
Size
9.2 KB
Accession
0001784535-24-000079
Insider Transaction Report
Form 4
TULLOCH MAURICE
Director
Transactions
- Award
Common Stock
2024-06-08+3,759→ 100,233 total - Tax Payment
Common Stock
2024-06-08$1.91/sh−24,068$45,970→ 76,165 total - Tax Payment
Common Stock
2024-06-08$1.91/sh−1,204$2,300→ 74,961 total
Footnotes (3)
- [F1]Represents an increase in the previously reported June 8, 2023 annual grant of restricted stock units ("RSUs") made 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 2023 annual grant, 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 2023 annual grant. All previously made grants to the Reporting Person and the terms thereof remain unchanged. 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.
- [F2]Represents shares withheld to satisfy tax withholding obligations upon the vesting of the Reporting Person's June 8, 2023 annual RSU grant for Board and Committee service.
- [F3]Represents shares withheld to satisfy tax withholding obligations upon the vesting of the grant described in Footnote 1.
Documents
Issuer
Porch Group, Inc.
CIK 0001784535
Entity typeother
Related Parties
1- filerCIK 0001877426
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 7:06 PM ET
- Size
- 9.2 KB