Patrick Ryan Langston - May 26, 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
Stock symbol: GSHD
Transactions as of: May 26, 2022
Transactions value $: -$1,204,356
Form type: 4
Date filed: 5/31/2022, 07:08 PM
Previous filing: Jan 5, 2022
Next filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSHD	Class A Common Stock	Options Exercise	$300K	+30K	+600%	$10.00^*	35K	May 26, 2022	Direct
transaction	GSHD	Class A Common Stock	Sale	-$1.5M	-30K	-85.71%	$50.15	5K	May 26, 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	-30K	-50%	$0.00	30K	May 26, 2022	Class A Stock	30K	$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.