Michael C. Colby - 30 Dec 2021 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
President and COO
Signature
/s/ P. Ryan Langston, as Attorney-in-Fact for Michael C. Colby
Issuer symbol
GSHD
Transactions as of
30 Dec 2021
Net transactions value
-$578,959
Form type
4
Filing time
03 Jan 2022, 18:03:37 UTC
Previous filing
30 Dec 2021
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSHD Class B Common Stock Conversion of derivative security $0 -2,537 -0.63% $0.000000 398,095 30 Dec 2021 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +2,537 +11% $0.000000 25,668 30 Dec 2021 Direct
transaction GSHD Class A Common Stock Sale $245,785 -1,885 -7.3% $130.39 23,783 30 Dec 2021 Direct F1
transaction GSHD Class A Common Stock Sale $85,582 -652 -2.7% $131.26 23,131 30 Dec 2021 Direct F2
transaction GSHD Class B Common Stock Conversion of derivative security $0 -1,900 -0.48% $0.000000 396,195 31 Dec 2021 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +1,900 +8.2% $0.000000 25,031 31 Dec 2021 Direct
transaction GSHD Class A Common Stock Sale $247,593 -1,900 -7.6% $130.31 23,131 31 Dec 2021 Direct F3
holding GSHD Class B Common Stock 590,903 30 Dec 2021 By Colby 2014 Family Trust F4
holding GSHD Class A Common Stock 83,402 30 Dec 2021 By Colby 2014 Family Trust F4
holding GSHD Class B Common Stock 32,896 30 Dec 2021 By Preston Michael Colby 2014 Trust F4
holding GSHD Class B Common Stock 32,896 30 Dec 2021 By Lyla Kate Colby 2014 Trust F4

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 LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -2,537 -0.63% $0.000000 398,095 30 Dec 2021 Class A Common Stock 2,537 $0.000000 Direct F5
transaction GSHD LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -1,900 -0.48% $0.000000 396,195 31 Dec 2021 Class A Common Stock 1,900 $0.000000 Direct F5
holding GSHD LLC Units in Goosehead Financial, LLC 590,903 30 Dec 2021 Class A Common Stock 590,903 $0.000000 By Colby 2014 Family Trust F4, F6
holding GSHD LLC Units in Goosehead Financial, LLC 32,896 30 Dec 2021 Class A Common Stock 32,896 $0.000000 By Lyla Kate Colby 2014 Trust F4, F6
holding GSHD LLC Units in Goosehead Financial, LLC 32,896 30 Dec 2021 Class A Common Stock 32,896 $0.000000 By Preston Michael Colby 2014 Trust F4, F6
* 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 $130.00 to $130.99, 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 $131.00 to $131.82, 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 $130.00 to $130.79, 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 Reflects shares of Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held in trust for which the reporting person serves as a trustee and of which immediate family members of the reporting person are beneficiaries.
F5 Each LLC Unit, together with a share of Class B Sommon Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Units do not expire.
F6 Each LLC Unit, together with a share of Class B common stock, may be converted by the holder into one share of Class A common stock at any time. The LLC Units do not expire.

Remarks:

The sales reported were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on November 22, 2021, and which the Colby 2014 Family Trust sold 2,538 and 1,900 Class B Common Shares on December 30, 2021 and December 31, 2021, respectively, under the same trading plan.