Ehrlichman Matt - 04 Apr 2025 Form 4 Insider Report for Porch Group, Inc. (PRCH)

Role
CEO, CHAIRMAN AND FOUNDER, Director, 10%+ Owner
Signature
/s/Matthew Cullen as Attorney-in-fact for Matthew Ehrlichman
Issuer symbol
PRCH
Transactions as of
04 Apr 2025
Net transactions value
-$407,828
Form type
4
Filing time
08 Apr 2025, 17:23:47 UTC
Previous filing
03 Apr 2025
Next filing
27 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCH Common Stock Award $0 +343,339 +2.5% $0.000000 13,872,095 04 Apr 2025 Direct F1
transaction PRCH Common Stock Award $0 +31,790 +0.23% $0.000000 13,903,885 04 Apr 2025 Direct F2
transaction PRCH Common Stock Tax liability $71,594 -12,694 -0.09% $5.64 13,891,191 04 Apr 2025 Direct F3
transaction PRCH Common Stock Tax liability $103,026 -18,267 -0.13% $5.64 13,872,924 05 Apr 2025 Direct F4
transaction PRCH Common Stock Tax liability $233,208 -41,349 -0.3% $5.64 13,831,575 05 Apr 2025 Direct F5
holding PRCH Common Stock 6,416,712 04 Apr 2025 By LLC F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 4, 2026, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to Reporting Person's employment or service with the Issue as contemplated in the RSU Agreement.
F2 Represents a grant of RSUs. Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The RSUs were immediately vested upon grant and the Reporting Person received unrestricted common stock.
F3 These shares represent shares withheld to satisfy tax withholding obligations upon the immediate vesting of the above-mentioned RSUs in footnote 2.
F4 These shares represent shares withheld to satisfy tax withholding obligations upon the semi-annual vesting of the Reporting Person's April 7, 2023 RSU grant.
F5 These shares represent shares withheld to satisfy tax withholding obligations upon the annual vesting of the Reporting Person's April 5, 2024 RSU Grant.
F6 Issuer common stock held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power.