Company: PCOR
Filing Date: 2025-09-22
Form Type: 8-K
Source: 0001193125-25-211312
Chunk: 2

Company: PROCORE TECHNOLOGIES, INC.
Filing Date: 2025-09-22
Form: 8-K
Item: Item 5.02
Chunk 2
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 award under the Company’s 2021 Equity Incentive Plan (as amended, the “2021 EIP”) for shares of the Company’s common stock with a target value equal to $27.5 million. The target value of the RSU award was converted into an actual number of RSUs using the volume-weighted average price of a share of the Company’s common stock as reported on the New York Stock Exchange over the30-tradingday period (the“30-DayVWAP”) ending on (and including) September 18, 2025 (such price, the “ Grant Price”). One-fourth(1/4th) of the RSUs will vest on August 20, 2026, and the remaining RSUs will vest in equal installments over a three-year period on each subsequent quarterly company vesting date (each February 20, May 20, August 20, and November 20, each a “ Company Vesting Date”) thereafter, subject to Dr. Gopal’s continuous service through each such vesting date. In the event Dr. Gopal’s service to the Company terminates by reason of death or permanent disability during the vesting period, any unvested RSUs will fully vest. The RSU award will otherwise be subject to the terms of the 2021 EIP and the Company’s standard form of RSU agreement (the “ RSU Agreement”), a copy of which was filed with the 2021 EIP as Exhibit 10.3 to the Company’s Annual Report on Form10-Kfiled on February 26, 2025 (the “202510-K”).