David W. Mason - 28 Dec 2021 Form 4 Insider Report for EverQuote, Inc. (EVER)

Role: General Counsel and Secretary
Signature: /s/ David Mason
Issuer symbol: EVER
Transactions as of: 28 Dec 2021
Net transactions value: +$32,710
Form type: 4
Filing time: 29 Dec 2021, 15:58:05 UTC
Previous filing: 06 Aug 2021
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVER	Class A Common Stock	Options Exercise	$32,710	+20,317	+18%	$1.61	131,137	28 Dec 2021	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	EVER	Employee Stock Option (right to buy)	Disposed to Issuer	$0	-20,317	-100%	$0.000000^*	0	28 Dec 2021	Class B Common Stock	20,317	$1.61	Direct	F1
transaction	EVER	Employee Stock Option (right to buy)	Award	$0	+20,317		$0.000000	20,317	28 Dec 2021	Class A Common Stock	20,317	$1.61	Direct	F1
transaction	EVER	Employee Stock Option (right to buy)	Options Exercise	$0	-20,317	-100%	$0.000000^*	0	28 Dec 2021	Class A Common Stock	20,317	$1.61	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option with respect to the exercised shares. The original option was granted on April 2, 2014 and was exercisable for up to an aggregate total of 166,400 shares of Class B Common Stock, which shares were fully vested as of February 28, 2018. The replacement option is exercisable for shares of Class A Common Stock for the number of shares exercised in this transaction.

Content

The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option with respect to the exercised shares. The original option was granted on April 2, 2014 and was exercisable for up to an aggregate total of 166,400 shares of Class B Common Stock, which shares were fully vested as of February 28, 2018. The replacement option is exercisable for shares of Class A Common Stock for the number of shares exercised in this transaction.