Robert Clay Grant - 01 Aug 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role: PRESIDENT
Signature: /s/ Daniel A. Boulware, Attorney-in-Fact
Issuer symbol: SLQT
Transactions as of: 01 Aug 2022
Transactions value $: $0
Form type: 4
Filing time: 03 Aug 2022, 17:19:02 UTC
Previous filing: 20 May 2022
Next filing: 16 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+7,395	+0.57%	$0	1,306,464	01 Aug 2022	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+10,804	+0.83%	$0	1,317,268	01 Aug 2022	Direct
holding	SLQT	Common Stock, par value $0.01 per share						1,242,000	01 Aug 2022	By Self as Trustee for the Robert Clay Grant Irrevocable Trust
holding	SLQT	Common Stock, par value $0.01 per share						1,089,369	01 Aug 2022	By Haakon Capital, LLC	F1

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	SLQT	Restricted Stock Units	Award	$0	+316,804		$0	316,804	01 Aug 2022	Common Stock, par value $0.01 per share	316,804		Direct	F2, F3, F4
transaction	SLQT	Price-Vested Restricted Stock Units	Award	$0	+766,666		$0	766,666	01 Aug 2022	Common Stock, par value $0.01 per share	766,666		Direct	F5, F6, F7
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-7,395	-33.34%	$0	14,788	01 Aug 2022	Common Stock, par value $0.01 per share	7,395		Direct	F2, F3, F8
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-10,804	-25%	$0	32,413	01 Aug 2022	Common Stock, par value $0.01 per share	10,804		Direct	F2, F3, F8

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

Explanation of Responses:

Id	Content
F1	Beneficially owned by Mr. Grant through Haakon Capital, LLC, an investment company in which he owns a 33.3% ownership stake. Mr. Grant disclaims beneficial ownership of the shares held by Haakon Capital, LLC, except to the extent of his pecuniary interest therein.
F2	Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F3	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F4	The restricted stock units vest ratably in three annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.
F5	Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F6	Each PVU represents the contingent right to receive one share of the Company's common stock, par value $0.01 per share, upon the Company's common stock reaching certain predetermined average trading prices, subject to applicable vesting conditions.
F7	The PVUs are eligible to vest in three ratable annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-fourth of the total number of PVUs granted will vest, if at all, upon the 60-day average closing price of the Company's common stock reaching each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period.
F8	The restricted stock units vest ratably in four annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.