William J.G. Griffith - May 24, 2021 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Role
Director, 10%+ Owner
Signature
WILLIAM J.G. GRIFFITH /s/ William J.G. Griffith
Stock symbol
PCOR
Transactions as of
May 24, 2021
Transactions value $
$16,750,000
Form type
4
Date filed
5/26/2021, 05:04 PM
Previous filing
May 19, 2021
Next filing
Nov 12, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Conversion of derivative security $0 +5.23M +165385.34% $0.00 5.24M May 24, 2021 By ICONIQ Strategic Partners III, L.P. F1, F2, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +5.59M +165377.82% $0.00 5.6M May 24, 2021 By ICONIQ Strategic Partners III-B, L.P. F1, F3, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +2.04M $0.00 2.04M May 24, 2021 By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F1, F4, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +12.9M $0.00 12.9M May 24, 2021 By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +10.1M $0.00 10.1M May 24, 2021 By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +4.77M $0.00 4.77M May 24, 2021 By ICONIQ Strategic Partners II Co-Invest, L.P., Series P F1, F7, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +285K +16.49% $0.00 2.01M May 24, 2021 By ICONIQ Strategic Partners IV, L.P. F1, F8, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +471K +16.49% $0.00 3.33M May 24, 2021 By ICONIQ Strategic Partners IV-B, L.P. F1, F9, F13, F14, F15
transaction PCOR Common Stock Conversion of derivative security $0 +930K +8579.68% $0.00 940K May 24, 2021 By ICONIQ Strategic Partners IV Co-Invest, L.P., Series P F1, F10, F13, F14, F15
transaction PCOR Common Stock Purchase $6.59M +98.4K +590.53% $67.00 115K May 24, 2021 By ICONIQ Strategic Partners V, L.P. F11, F13, F14, F15, F16
transaction PCOR Common Stock Purchase $10.2M +152K +590.53% $67.00 177K May 24, 2021 By ICONIQ Strategic Partners V-B, L.P. F12, F13, F14, F15, F16

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -768K -100% $0.00* 0 May 24, 2021 Common Stock 768K By ICONIQ Strategic Partners III, L.P. F1, F2, F13, F14, F15
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -821K -100% $0.00* 0 May 24, 2021 Common Stock 821K By ICONIQ Strategic Partners III-B, L.P. F1, F3, F13, F14, F15
transaction PCOR Series A Preferred Stock Conversion of derivative security $0 -347K -100% $0.00* 0 May 24, 2021 Common Stock 347K By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F1, F4, F13, F14, F15
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -900K -100% $0.00* 0 May 24, 2021 Common Stock 900K By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -705K -100% $0.00* 0 May 24, 2021 Common Stock 705K By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -2.21M -100% $0.00* 0 May 24, 2021 Common Stock 2.21M By ICONIQ Strategic Partners III, L.P. F1, F2, F13, F14, F15
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -2.36M -100% $0.00* 0 May 24, 2021 Common Stock 2.36M By ICONIQ Strategic Partners III-B, L.P. F1, F3, F13, F14, F15
transaction PCOR Series B Preferred Stock Conversion of derivative security $0 -1.63M -100% $0.00* 0 May 24, 2021 Common Stock 1.63M By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F1, F4, F13, F14, F15
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -11.6K -100% $0.00* 0 May 24, 2021 Common Stock 11.6K By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -9.04K -100% $0.00* 0 May 24, 2021 Common Stock 9.04K By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -178K -100% $0.00* 0 May 24, 2021 Common Stock 178K By ICONIQ Strategic Partners III, L.P. F1, F2, F13, F14, F15
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -191K -100% $0.00* 0 May 24, 2021 Common Stock 191K By ICONIQ Strategic Partners III-B, L.P. F1, F3, F13, F14, F15
transaction PCOR Series C Preferred Stock Conversion of derivative security $0 -61.5K -100% $0.00* 0 May 24, 2021 Common Stock 61.5K By ICONIQ Strategic Partners III Co-Invest, L.P., Series P F1, F4, F13, F14, F15
transaction PCOR Series D Preferred Stock Conversion of derivative security $0 -146K -100% $0.00* 0 May 24, 2021 Common Stock 146K By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series D Preferred Stock Conversion of derivative security $0 -114K -100% $0.00* 0 May 24, 2021 Common Stock 114K By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series E Preferred Stock Conversion of derivative security $0 -5.62M -100% $0.00* 0 May 24, 2021 Common Stock 5.62M By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series E Preferred Stock Conversion of derivative security $0 -4.4M -100% $0.00* 0 May 24, 2021 Common Stock 4.4M By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series F Preferred Stock Conversion of derivative security $0 -5.58M -100% $0.00* 0 May 24, 2021 Common Stock 5.58M By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series F Preferred Stock Conversion of derivative security $0 -4.37M -100% $0.00* 0 May 24, 2021 Common Stock 4.37M By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series F Preferred Stock Conversion of derivative security $0 -4.77M -100% $0.00* 0 May 24, 2021 Common Stock 4.77M By ICONIQ Strategic Partners II Co-Invest, L.P., Series P F1, F7, F13, F14, F15
transaction PCOR Series G Preferred Stock Conversion of derivative security $0 -602K -100% $0.00* 0 May 24, 2021 Common Stock 602K By ICONIQ Strategic Partners II, L.P. F1, F5, F13, F14, F15
transaction PCOR Series G Preferred Stock Conversion of derivative security $0 -472K -100% $0.00* 0 May 24, 2021 Common Stock 472K By ICONIQ Strategic Partners II-B, L.P. F1, F6, F13, F14, F15
transaction PCOR Series G Preferred Stock Conversion of derivative security $0 -2.08M -100% $0.00* 0 May 24, 2021 Common Stock 2.08M By ICONIQ Strategic Partners III, L.P. F1, F2, F13, F14, F15
transaction PCOR Series G Preferred Stock Conversion of derivative security $0 -2.22M -100% $0.00* 0 May 24, 2021 Common Stock 2.22M By ICONIQ Strategic Partners III-B, L.P. F1, F3, F13, F14, F15
transaction PCOR Series H-1 Preferred Stock Conversion of derivative security $0 -87.7K -100% $0.00* 0 May 24, 2021 Common Stock 87.7K By ICONIQ Strategic Partners IV, L.P. F1, F8, F13, F14, F15
transaction PCOR Series H-1 Preferred Stock Conversion of derivative security $0 -145K -100% $0.00* 0 May 24, 2021 Common Stock 145K By ICONIQ Strategic Partners IV-B, L.P. F1, F9, F13, F14, F15
transaction PCOR Series I Preferred Stock Conversion of derivative security $0 -197K -100% $0.00* 0 May 24, 2021 Common Stock 197K By ICONIQ Strategic Partners IV, L.P. F1, F8, F13, F14, F15
transaction PCOR Series I Preferred Stock Conversion of derivative security $0 -326K -100% $0.00* 0 May 24, 2021 Common Stock 326K By ICONIQ Strategic Partners IV-B, L.P. F1, F9, F13, F14, F15
transaction PCOR Series I Preferred Stock Conversion of derivative security $0 -930K -100% $0.00* 0 May 24, 2021 Common Stock 930K By ICONIQ Strategic Partners IV Co-Invest, L.P., Series P F1, F10, F13, F14, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each of the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, Series H-1 Preferred Stock and Series I Preferred Stock was convertible at the option of the holder into Common Stock on a 1:1 basis. Immediately prior to the consummation of the Issuer's initial public offering all shares of each such series of preferred stock automatically converted into Common Stock.
F2 The shares are held by ICONIQ Strategic Partners III, L.P. ("ICONIQ III").
F3 The shares are held by ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B").
F4 The shares are held by ICONIQ Strategic Partners III Co-Invest, L.P., Series P ("ICONIQ III Co-Invest").
F5 The shares are held by ICONIQ Strategic Partners II, L.P. ("ICONIQ II").
F6 The shares are held by ICONIQ Strategic Partners II-B, L.P. ("ICONIQ II-B").
F7 The shares are held by ICONIQ Strategic Partners II Co-Invest, L.P., Series P ("ICONIQ II Co-Invest").
F8 The shares are held by ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV").
F9 The shares are held by ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B").
F10 The shares are held by ICONIQ Strategic Partners IV Co-Invest, L.P., Series P ("ICONIQ IV Co-Invest").
F11 The shares are held by ICONIQ Strategic Partners V, L.P. ("ICONIQ V").
F12 The shares are held by ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B").
F13 ICONIQ Strategic Partners II GP, L.P. ("ICONIQ II GP") is the sole general partner of each of ICONIQ II, ICONIQ II-B and ICONIQ II Co-Invest. ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ II Parent GP") is the sole general partner of ICONIQ II GP. ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ III, ICONIQ III-B and ICONIQ III Co-Invest. ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ IV, ICONIQ IV-B and ICONIQ IV Co-Invest. ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP. ICONIQ Strategic Partners V GP, L.P.
F14 (Continued from Footnote 13) ("ICONIQ V GP") is the sole general partner of each of ICONIQ V and ICONIQ V-B. ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. Divesh Makan ("Makan") and William J.G. Griffith ("Griffith") are the sole equity holders of each of ICONIQ II Parent GP and ICONIQ III Parent GP. Makan, Griffith and Matthew Jacobson ("Jacobson") are the sole equity holders of each of ICONIQ IV Parent GP and ICONIQ V Parent GP.
F15 The Reporting Person is a General Partner and a Managing Director at ICONIQ Capital. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F16 These shares were purchased from the underwriters at the closing of the Issuer's initial public offering.