John Brandon Wagner - 08 Mar 2022 Form 4 Insider Report for EverQuote, Inc. (EVER)

Role: CFO and Treasurer
Signature: /s/ David Mason, as attorney-in-fact for John Wagner
Issuer symbol: EVER
Transactions as of: 08 Mar 2022
Transactions value $: $32,200
Form type: 4
Filing time: 10 Mar 2022, 15:05:28 UTC
Previous filing: 15 Feb 2022
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVER	Class A Common Stock	Options Exercise	$32,200	+20,000	+6.6%	$1.61^*	322,966	08 Mar 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EVER	Employee Stock Option (right to buy)	Disposed to Issuer	$0	-20,000	-53.33%	$0	17,502	08 Mar 2022	Class B Common Stock	20,000	$1.61	Direct	F1
transaction	EVER	Employee Stock Option (right to buy)	Award	$0	+20,000		$0	20,000	08 Mar 2022	Class A Common Stock	20,000	$1.61	Direct	F1
transaction	EVER	Employee Stock Option (right to buy)	Options Exercise	$0	-20,000	-100%	$0^*	0	08 Mar 2022	Class A Common Stock	20,000	$1.61	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The two reported transactions involved an amendment of an outstanding option to purchase shares of Class B Common Stock, resulting in the deemed cancellation of a portion of the "old" option and the grant of a replacement option to purchase shares of Class A Common Stock in equal number to the shares of Class B Common Stock subject to the portion of the "old" option that was deemed cancelled. The original option was granted on April 2, 2014 and was exercisable for up to an aggregate total of 222,400 shares of Class B Common Stock, which shares were fully vested as of March 31, 2018.

Content

The two reported transactions involved an amendment of an outstanding option to purchase shares of Class B Common Stock, resulting in the deemed cancellation of a portion of the "old" option and the grant of a replacement option to purchase shares of Class A Common Stock in equal number to the shares of Class B Common Stock subject to the portion of the "old" option that was deemed cancelled. The original option was granted on April 2, 2014 and was exercisable for up to an aggregate total of 222,400 shares of Class B Common Stock, which shares were fully vested as of March 31, 2018.