Mark S. Colby - Jun 21, 2021 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Signature
/s/ P. Ryan Langston, as Attorney-in-Fact for Mark S. Colby
Stock symbol
GSHD
Transactions as of
Jun 21, 2021
Transactions value $
-$1,102,743
Form type
4
Date filed
6/23/2021, 06:40 PM
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSHD Class A Common Stock Options Exercise $14.2K +1.42K $10.00* 1.42K Jun 21, 2021 Direct
transaction GSHD Class A Common Stock Sale -$171K -1.42K -100% $120.04 0 Jun 21, 2021 Direct F1
transaction GSHD Class A Common Stock Options Exercise $85.8K +8.58K $10.00* 8.58K Jun 22, 2021 Direct
transaction GSHD Class A Common Stock Sale -$901K -7.5K -87.45% $120.17 1.08K Jun 22, 2021 Direct F2
transaction GSHD Class A Common Stock Sale -$131K -1.08K -100% $121.31 0 Jun 22, 2021 Direct F3

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 Employee Stock Options (right to buy) Options Exercise $0 -1.42K -1.78% $0.00 78.6K Jun 21, 2021 Class A Stock 1.42K $10.00 Direct F4
transaction GSHD Employee Stock Options (right to buy) Options Exercise $0 -8.58K -10.91% $0.00 70K Jun 22, 2021 Class A Stock 8.58K $10.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.00 to $120.12, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.00 to $120.95, 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 $121.07 to $121.60, 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 One third (1/3rd) of the shares subject to the option shall vest and become exercisable, subject to continued employment, on each of the second, third and fourth anniversaries of the grant date; provided, that all shares subject to the option will vest and become exercisable if Mr. Colby's employment is terminated without "cause" or for "good reason" (each as defined in either Mr. Colby's option award agreement or the issuer's omnibus incentive plan) within six month following a "change in control" (as defined in the issuer's omnibus incentive plan).

Remarks:

The sales reported were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person.