Mark & Robyn Jones Descendants Trust 2014 - 18 Apr 2023 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
Member of 10% owner group, 10%+ Owner
Signature
/s/ P. Ryan Langston, as Attorney-in-Fact for Robyn Mary Elizabeth Jones
Issuer symbol
GSHD
Transactions as of
18 Apr 2023
Net transactions value
-$5,523,665
Form type
4
Filing time
20 Apr 2023, 17:47:30 UTC
Previous filing
07 Mar 2023
Next filing
01 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 B Common Stock Conversion of derivative security $0 -74,054 -0.86% $0.000000 8,532,088 18 Apr 2023 Direct F1
transaction GSHD Class A Common Stock Conversion of derivative security $0 +74,054 $0.000000 74,054 18 Apr 2023 Direct F1
transaction GSHD Class A Common Stock Sale $4,092,224 -74,054 -100% $55.26 0 18 Apr 2023 Direct F1, F2
transaction GSHD Class B Common Stock Conversion of derivative security $0 -25,946 -0.3% $0.000000 8,506,142 19 Apr 2023 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +25,946 $0.000000 25,946 19 Apr 2023 Direct
transaction GSHD Class A Common Stock Sale $1,431,441 -25,946 -100% $55.17 0 19 Apr 2023 Direct F3
holding GSHD Class A Common Stock 196,501 18 Apr 2023 Direct F4
holding GSHD Class B Common Stock 182,349 18 Apr 2023 Direct F4
holding GSHD Class A Common Stock 331,290 18 Apr 2023 Direct F5
holding GSHD Class B Common Stock 132,349 18 Apr 2023 Direct F5
holding GSHD Class B Common Stock 1,860,355 18 Apr 2023 By Trust F6

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 -74,054 -0.86% $0.000000 8,532,088 18 Apr 2023 Class A Common Stock 74,054 $0.000000 Direct F1, F7
transaction GSHD LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -25,946 -0.3% $0.000000 8,506,142 19 Apr 2023 Class A Common Stock 25,946 $0.000000 Direct F7
holding GSHD LLC Units in Goosehead Financial, LLC 182,349 18 Apr 2023 Class A Common Stock 182,349 $0.000000 Direct F4, F7
holding GSHD LLC Units in Goosehead Financial, LLC 132,349 18 Apr 2023 Class A Common Stock 132,349 $0.000000 Direct F5, F7
holding GSHD LLC Units in Goosehead Financial, LLC 1,860,355 18 Apr 2023 Class A Common Stock 1,860,355 $0.000000 By Trust F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects shares of Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held (i) directly by the Mark & Robyn Jones Descendants Trust 2014 and (ii) indirectly by Mark Evan Jones and Robyn Mary Elizabeth Jones, who serve as trustees of the Mark & Robyn Jones Descendants Trust 2014 and whose immediate family members are beneficiaries of the Mark & Robyn Jones Descendants Trust 2014.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.85, 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 $55.00 to $55.51, 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 directly by Mark Evan Jones, and does not reflect Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held by his spouse, Robyn Mary Elizabeth Jones, who is independently a reporting person of the issuer.
F5 Reflects shares of Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held directly by Robyn Mary Elizabeth Jones, and does not reflect Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held by her spouse, Mark Evan Jones, who is independently a reporting person of the issuer.
F6 Reflects shares of Class B Common Stock or LLC Units, as applicable, held indirectly by Mark Evan Jones and Robyn Mary Elizabeth Jones, who serve as trustees of various trusts and whose immediate family members are beneficiaries of such trusts.
F7 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.