Lanni Romney - 20 Sep 2023 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
Member of 10% owner group, 10%+ Owner
Signature
/s/ John O'Connor, as Attorney-in-Fact for Lanni Romney
Issuer symbol
GSHD
Transactions as of
20 Sep 2023
Net transactions value
-$572,514
Form type
4
Filing time
22 Sep 2023, 18:19:12 UTC
Previous filing
14 Feb 2022
Next filing
27 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSHD Class B Common Stock Conversion of derivative security $0 -7,500 -3.7% $0.000000 195,291 20 Sep 2023 Direct F1
transaction GSHD Class A Common Stock Conversion of derivative security $0 +7,500 $0.000000 7,500 20 Sep 2023 Direct F1
transaction GSHD Class A Common Stock Sale $426,328 -5,600 -75% $76.13 1,900 20 Sep 2023 Direct F1, F2
transaction GSHD Class A Common Stock Sale $146,186 -1,900 -100% $76.94 0 20 Sep 2023 Direct F1, F3
holding GSHD Class B Common Stock 88,704 20 Sep 2023 Lanni Romney Spousal Lifetime Access Trust

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 LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -7,500 -3.7% $0.000000 195,291 20 Sep 2023 Class A Common Stock 7,500 $0.000000 Direct F4
holding GSHD LLC Units in Goosehead Financial, LLC 88,704 20 Sep 2023 Class A Common Stock 88,704 $0.000000 Lanni Romney Spousal Lifetime Access Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This does not reflect shares directly held by the reporting person's spouse, who is independently a reporting person of the issuer.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.53 to $76.48, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.83 to $77.19, 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.
F4 Each LLC Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC units do not expire.