Form 4 for PRCH Porch Group, Inc.
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-23 · accession 0001104659-21-143732 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-24 | 2021-11-23 | PRCH | Neagle Matthew | COO | M - OptEx | $3.21 | +10.5K | 476.9K | +2% | +$33.7K |
| DM | 2021-11-24 | 2021-11-23 | PRCH | Neagle Matthew | COO | S - Sale+OE | $23.72 | -15.5K | 469.4K | -3% | -$367.7K |
| DM | 2021-11-24 | 2021-11-23 | PRCH | Neagle Matthew | COO | M - OptEx | $0.00 | -10.5K | 0 | -100% | $0 |
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 | 2021-11-23 | M | A | 8,000 | $3.18 | 482,384 | D | — | — | (F1) This transaction represents the cashless exercise of stock options. |
| 2 | Common | Common Stock | 2021-11-23 | S | D | 2,500 | $23.73 | 474,384 | D | — | — | (F1) This transaction represents the cashless exercise of stock options. |
| 3 | Common | Common Stock | 2021-11-23 | M | A | 2,500 | $3.30 | 476,884 | D | — | — | (F1) This transaction represents the cashless exercise of stock options. |
| 4 | Common | Common Stock | 2021-11-23 | S | D | 8,000 | $23.78 | 474,384 | D | — | — | (F1) This transaction represents the cashless exercise of stock options. (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.03 to $24.03 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | Common Stock | 2021-11-23 | S | D | 5,000 | $23.62 | 469,384 | D | — | — | (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.03 to $23.99 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 6 | Derivative | Stock Option | 2021-11-23 | M | D | 2,500 | $0.00 | 12,069 | D | $3.30 · — to 2030-06-04 | 2,500 Common Stock | (F1) This transaction represents the cashless exercise of stock options. (F5) With respect to half of the shares subject to this option, 50% vests in one year, with six month cliff and monthly thereafter and, with respect to the remaining half of the shares subject to this option, 50% vests on the one-year anniversary of the vesting commencement date and monthly thereafter for the following 36 months, subject to continuous employment. |
| 7 | Derivative | Stock Option | 2021-11-23 | M | D | 8,000 | $0.00 | 0 | D | $3.18 · — to 2025-09-10 | 8,000 Common Stock | (F1) This transaction represents the cashless exercise of stock options. (F6) 25% of the option vested on September 11, 2016 and the remainder vests in equal monthly installments thereafter over the next 36 months subject to continuous employment. |