Porch Group sets 2023 executive comp: CEO $5.5M equity, bonus at 100% of salary

Porch Group, Inc.

CEO Ehrlichman: target bonus 100% of base salary; equity grant $5.5M (1.75M PRSUs + 0.58M RSUs).
CFO Tabak: target bonus 50% of base; equity grant $390k (124k PRSUs + 41k RSUs).
COO Neagle: target bonus 100% of base; equity grant $2.6M (827k PRSUs + 276k RSUs).
2023 bonus plan based on revenue and Adjusted EBITDA; threshold 50%, max 200% of target.
PRSUs vested on 3-year goals: share price (50% weight), Adj. EBITDA (25%), revenue (25%).

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