Ryan Souan - 01 Aug 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
Executive Vice President, SelectQuote Life and SelectQuote Auto & Home
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Issuer symbol
SLQT
Transactions as of
01 Aug 2022
Net transactions value
$0
Form type
4
Filing time
03 Aug 2022, 17:30:37 UTC
Previous filing
14 Mar 2022
Next filing
03 Aug 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 +402 +0.47% $0.000000 85,665 01 Aug 2022 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +687 +0.8% $0.000000 86,352 01 Aug 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 SLQT Restricted Stock Units Award $0 +24,105 $0.000000 24,105 01 Aug 2022 Common Stock, par value $0.01 per share 24,105 Direct F1, F2, F3
transaction SLQT Price-Vested Restricted Stock Units Award $0 +58,334 $0.000000 58,334 01 Aug 2022 Common Stock, par value $0.01 per share 58,334 Direct F4, F5, F6
transaction SLQT Restricted Stock Units Options Exercise $0 -402 -33% $0.000000 805 01 Aug 2022 Common Stock, par value $0.01 per share 402 Direct F1, F2, F7
transaction SLQT Restricted Stock Units Options Exercise $0 -687 -25% $0.000000 2,061 01 Aug 2022 Common Stock, par value $0.01 per share 687 Direct F1, F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F3 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.
F4 Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F5 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.
F6 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.
F7 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.

Remarks:

Executive Vice President, SelectQuote Life and SelectQuote Auto & Home