Craig F. Courtemanche Jr. - Feb 18, 2025 Form 4 Insider Report for PROCORE TECHNOLOGIES, INC. (PCOR)

Signature
/s/ Benjamin C. Singer, Attorney-in-Fact
Stock symbol
PCOR
Transactions as of
Feb 18, 2025
Transactions value $
-$4,939,651
Form type
4
Date filed
2/20/2025, 09:31 PM
Previous filing
Nov 22, 2024
Next filing
Apr 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCOR Common Stock Award $0 +8.84K +1.15% $0.00 779K Feb 18, 2025 Direct F1
transaction PCOR Common Stock Tax liability -$4.94M -57.1K -7.33% $86.48 722K Feb 20, 2025 Direct F2
holding PCOR Common Stock 2.55M Feb 18, 2025 See Footnote F3
holding PCOR Common Stock 1.23M Feb 18, 2025 See Footnote F4
holding PCOR Common Stock 527K Feb 18, 2025 See Footnote F5
holding PCOR Common Stock 23.7K Feb 18, 2025 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issuable upon the settlement of performance stock units ("PSUs") initially subject to both performance-based criteria and time-based vesting. On February 18, 2025, the Compensation Committee of the Company's Board of Directors certified that certain performance-based criteria had been satisfied. As a result, the PSUs that were certified as having satisfied the applicable performance-based criteria are now subject only to the following time-based vesting schedule: One-third (1/3rd) of the PSUs vest on February 20, 2025, and thereafter, one-twelfth (1/12th) of the PSUs vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date"), subject to the Reporting Person's continued service through each Company Vesting Date.
F2 Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock units.
F3 These shares are held by the Craig F. Courtemanche and Hillary Courtemanche Family Trust dated as of November 1, 2012.
F4 These shares are held by the Courtemanche 2021 Irrevocable Trust UA DTD 6/10/2021.
F5 These shares are held by The Courtemanche 2016 Irrevocable Trust.