Mark S. Colby - Jul 28, 2021 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
Chief Financial Officer
Signature
/s/ P. Ryan Langston, as Attorney-in-Fact for Mark S. Colby
Stock symbol
GSHD
Transactions as of
Jul 28, 2021
Transactions value $
-$1,279,154
Form type
4
Date filed
7/29/2021, 03:57 PM
Previous filing
Jun 29, 2021
Next filing
Aug 23, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSHD Class A Common Stock Options Exercise $0 0 0% $10.00* 9.8K Jul 28, 2021 Direct
transaction GSHD Class A Common Stock Sale -$942K -7.23K -73.77% $130.24 2.57K Jul 28, 2021 Direct F1
transaction GSHD Class A Common Stock Sale -$338K -2.57K -100% $131.33 0 Jul 28, 2021 Direct F2

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 GSHD Employee Stock Options (right to buy) Options Exercise $0 -9.8K -14.04% $0.00 60K Jul 28, 2021 Class A Stock 9.8K $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.00 to $130.99, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.00 to $130.85, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3 One third (1/3rd) of the shares subject to the option shall vest and become exercisable, subject to continued employment, on each of the second, third and fourth anniversaries of the grant date; provided, that all shares subject to the option will vest and become exercisable if Mr. Colby's employment is terminated without "cause" or for "good reason" (each as defined in either Mr. Colby's option award agreement or the issuer's omnibus incentive plan) within six month following a "change in control" (as defined in the issuer's omnibus incentive plan).

Remarks:

The sales reported were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person.