Daniel A. Boulware - Feb 26, 2025 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role: GENERAL COUNSEL AND SECRETARY
Signature: /s/ Daniel A. Boulware
Stock symbol: SLQT
Transactions as of: Feb 26, 2025
Transactions value $: -$58,114
Form type: 4
Date filed: 3/4/2025, 09:24 PM
Previous filing: Oct 30, 2024
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		+43.1K	+32.54%		175K	Feb 26, 2025	Direct	F1
transaction	SLQT	Common Stock, par value $0.01 per share	Tax liability	-$58.1K	-12.7K	-7.22%	$4.59	163K	Feb 26, 2025	Direct	F2
holding	SLQT	Common Stock, par value $0.01 per share						1.1K	Feb 26, 2025	By spouse

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	Price-Vested Restricted Stock Units	Options Exercise		-43.1K	-16.67%		215K	Feb 26, 2025	Common Stock, par value $0.01 per share	43.1K		Direct	F1, F3, F4

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

Explanation of Responses:

Id	Content
F1	Each price-vested restricted stock unit ("PVU") represents the contingent right to receive one share of common stock, par value $0.01 per share, of SelectQuote, Inc. (the "Company") upon the Company's common stock reaching certain predetermined average trading prices, subject to applicable vesting conditions.
F2	Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F3	Represents PVUs granted to the recipient pursuant to the Plan.
F4	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. The number of PVUs reported on this line reflects the portion of the total PVU award that vested upon the achievement of the $4.00 price hurdle on the transaction date.