Patrick Ryan Langston - 26 May 2022 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role: Chief Legal Officer, Member of 10% owner group, 10%+ Owner
Signature: /s/ P. Ryan Langston
Issuer symbol: GSHD
Transactions as of: 26 May 2022
Net transactions value: -$1,204,356
Form type: 4
Filing time: 31 May 2022, 19:08:15 UTC
Previous filing: 05 Jan 2022
Next filing: 05 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSHD	Class A Common Stock	Options Exercise	$300,000	+30,000	+600%	$10.00^*	35,000	26 May 2022	Direct
transaction	GSHD	Class A Common Stock	Sale	$1,504,356	-30,000	-86%	$50.15	5,000	26 May 2022	Direct	F1

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	-30,000	-50%	$0.000000	30,000	26 May 2022	Class A Stock	30,000	$10.00	Direct	F2

* 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 $50.00 to $50.74 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	One third (1/3rd) of the option, which represents the right to purchase a total of 120,000 shares, vested and became exercisable, subject to continued employment, on each of the second, third and fourth anniversaries of the grant date, which was April 26, 2018.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.74 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.

One third (1/3rd) of the option, which represents the right to purchase a total of 120,000 shares, vested and became exercisable, subject to continued employment, on each of the second, third and fourth anniversaries of the grant date, which was April 26, 2018.