4//SEC Filing
TULLOCH MAURICE 4
Accession 0001415889-23-009676
CIK 0001784535other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 8:06 PM ET
Size
7.1 KB
Accession
0001415889-23-009676
Insider Transaction Report
Form 4
TULLOCH MAURICE
Director
Transactions
- Award
Common Stock
2023-06-08+75,188→ 104,705 total - Tax Payment
Common Stock
2023-06-08$1.33/sh−8,231$10,947→ 96,474 total
Footnotes (2)
- [F1]Represents an annual grant of restricted stock units ("RSUs") for Board and Committee service under the Porch Group, Inc. Non-Employee Director Compensation Policy. Each RSU represents a right to receive one share of Porch Group, Inc. (the "Company") common stock upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. The shares underlying the RSUs shall have resale restrictions pursuant to which two-thirds of the vested shares underlying the RSUs may not be sold after the Annual Grant Vesting Date. The resale restrictions expire in equal increments on the first and second anniversaries of the Annual Grant Vesting Date.
- [F2]This transaction represents shares forfeited to satisfy tax obligations in connection with the vesting of 25,707 RSUs granted to the Reporting Person on June 8, 2022.
Documents
Issuer
Porch Group, Inc.
CIK 0001784535
Entity typeother
Related Parties
1- filerCIK 0001877426
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 8:06 PM ET
- Size
- 7.1 KB