Form 4/A for PRCH Porch Group, Inc.
Accepted 2022-02-14 00:00:00 ET · period of report 2021-12-09 · accession 0001104659-22-023396 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AI | 2022-02-14 | 2021-12-09 | PRCH | Ehrlichman Matt | CEO, COB, Founder, Dir, 10% | A - Grant | $0.00 | +5,627 | 6.65M | +0.1% | $0 |
| A | 2022-02-14 | 2021-12-09 | PRCH | Ehrlichman Matt | CEO, COB, Founder, Dir, 10% | F - Tax | $21.71 | -157.0K | 8.36M | -2% | -$3.41M |
| A | 2022-02-14 | 2021-12-09 | PRCH | Ehrlichman Matt | CEO, COB, Founder, Dir, 10% | A - Grant | $0.00 | +8,612 | 8.52M | +0.1% | $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 | 2021-12-09 | A | A | 5,627 | $0.00 | 6,645,508 | I | — | — | (F1) Represents additional restricted shares of common stock ("Earnout Shares") of Porch Group, Inc. (the "Issuer") issued pursuant to the Earnout Share adjustment mechanics in the Agreement and Plan of Merger, dated as of July 30, 2020, (as amended, the "Merger Agreement"), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto. (F3) After the second transaction, the Original Form 4 listed 6,491,479 shares as being directly beneficially owned by the reporting person when it should have listed 8,361,303 as being directly beneficially owned by the reporting person following that transaction. After the third transaction, the Original Form 4 listed 8,515,332 shares as being indirectly beneficially owned by the reporting person when it should have listed 6,645,508 as being indirectly beneficially owned by the reporting person following that transaction. (F2) The original Form 4, filed on December 13, 2021 (the "Original Form 4"), is being amended by this Form 4 amendment solely to correct the following inadvertent administrative errors made in calculating the number of shares beneficially owned by the reporting person as a result of each of three transactions listed on the Original Form 4. After the first transaction, the Original Form 4 listed 6,648,493 shares as being directly beneficially owned by the reporting person when it should have listed 8,518,317 as being directly beneficially owned by the reporting person following that transaction. (F5) These shares of Common Stock are held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power. |
| 2 | Common | Common Stock | 2021-12-09 | F | D | 157,014 | $21.71 | 8,361,303 | D | — | — | (F3) After the second transaction, the Original Form 4 listed 6,491,479 shares as being directly beneficially owned by the reporting person when it should have listed 8,361,303 as being directly beneficially owned by the reporting person following that transaction. After the third transaction, the Original Form 4 listed 8,515,332 shares as being indirectly beneficially owned by the reporting person when it should have listed 6,645,508 as being indirectly beneficially owned by the reporting person following that transaction. (F2) The original Form 4, filed on December 13, 2021 (the "Original Form 4"), is being amended by this Form 4 amendment solely to correct the following inadvertent administrative errors made in calculating the number of shares beneficially owned by the reporting person as a result of each of three transactions listed on the Original Form 4. After the first transaction, the Original Form 4 listed 6,648,493 shares as being directly beneficially owned by the reporting person when it should have listed 8,518,317 as being directly beneficially owned by the reporting person following that transaction. |
| 3 | Common | Common Stock | 2021-12-09 | A | A | 8,612 | $0.00 | 8,518,317 | D See Footnote | — | — | (F1) Represents additional restricted shares of common stock ("Earnout Shares") of Porch Group, Inc. (the "Issuer") issued pursuant to the Earnout Share adjustment mechanics in the Agreement and Plan of Merger, dated as of July 30, 2020, (as amended, the "Merger Agreement"), by and among the Issuer (f/k/a PropTech Acquisition Corporation), Porch.com, Inc. and the other parties thereto. (F3) After the second transaction, the Original Form 4 listed 6,491,479 shares as being directly beneficially owned by the reporting person when it should have listed 8,361,303 as being directly beneficially owned by the reporting person following that transaction. After the third transaction, the Original Form 4 listed 8,515,332 shares as being indirectly beneficially owned by the reporting person when it should have listed 6,645,508 as being indirectly beneficially owned by the reporting person following that transaction. (F2) The original Form 4, filed on December 13, 2021 (the "Original Form 4"), is being amended by this Form 4 amendment solely to correct the following inadvertent administrative errors made in calculating the number of shares beneficially owned by the reporting person as a result of each of three transactions listed on the Original Form 4. After the first transaction, the Original Form 4 listed 6,648,493 shares as being directly beneficially owned by the reporting person when it should have listed 8,518,317 as being directly beneficially owned by the reporting person following that transaction. (F5) These shares of Common Stock are held by West Equities, LLC over which the Reporting Person has sole voting and dispositive power. |