Form 4 for PCOR PROCORE TECHNOLOGIES, INC.
Accepted 2021-11-10 00:00:00 ET · period of report 2021-11-08 · accession 0000899243-21-044245 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-11-10 | 2021-11-08 | PCOR | Deer VIII & Co. L.P. | 10% | S - Sale | $93.30 | -1.61M | 15.10M | -10% | -$150.21M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-08 | S | D | 1,610,000 | $93.30 | 15,100,687 | I See footnote | — | — | (F1) On November 8, 2021 Bessemer Venture Partners VIII, L.P. ("BVP VIII") and Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst") sold 730,940 shares and 879,060 shares, respectively, of Common Stock of Procore Technologies Inc., in a single execution of $93.30 per share. (F2) Following the reported transaction, 6,324,133 shares are held by BVP VIII, 7,605,674 shares are held by BVP VIII Inst, 947,724 shares are held by Bessemer Venture Partners PR, L.P. ("BVP PR") and 223,156 shares are held by 15 Angels II LLC ("15 Angels"). (F3) Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII & Co. L.P. ("Deer VIII L.P."), which is the general partner of BVP VIII, BVP Inst. and 15 Angels. Deer VIII Ltd. and Deer VIII L.P. disclaim beneficial ownership of the securities held by BVP VIII, BVP VIII Inst and 15 Angels, and this report shall not be deemed an admission that Deer VIII Ltd. and Deer VIII L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in BVP VIII, BVP VIII Inst and 15 Angels. (F4) Deer X & Co. Ltd. ("Deer X Ltd.") is the general partner of Deer X & Co. L.P. ("Deer X L.P."), which is the general partner of BVP PR. Deer X Ltd. and Deer X L.P. disclaim beneficial ownership of the securities held by BVP PR, and this report shall not be deemed an admission that Deer X Ltd. and Deer X L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interest in BVP PR. |