Patrick Ryan Langston - May 2, 2023 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Signature
/s/ P. Ryan Langston
Stock symbol
GSHD
Transactions as of
May 2, 2023
Transactions value $
-$1,746,800
Form type
4
Date filed
5/5/2023, 07:04 AM
Previous filing
May 31, 2022
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSHD Class A Common Stock Options Exercise $139K +13.9K +277.32% $10.00* 18.9K May 2, 2023 Direct
transaction GSHD Class A Common Stock Sale -$806K -13.9K -73.5% $58.14 5K May 2, 2023 Direct F1, F2
transaction GSHD Class A Common Stock Options Exercise $161K +16.1K +322.68% $10.00* 21.1K May 3, 2023 Direct
transaction GSHD Class A Common Stock Sale -$832K -14.3K -67.58% $58.23 6.85K May 3, 2023 Direct F1, F3
transaction GSHD Class A Common Stock Sale -$109K -1.85K -27.02% $58.85 5K May 3, 2023 Direct F1, 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 Employee Stock Options (right to buy) Options Exercise -$139K -13.9K -46.22% $10.00* 16.1K May 2, 2023 Class A Stock 13.9K $10.00 Direct F5
transaction GSHD Director Stock Options (right to buy) Award $0 +15K $0.00 15K May 2, 2023 Class A Common Stock 15K $58.00 Direct F6
transaction GSHD Employee Stock Options (right to buy) Options Exercise -$161K -16.1K -100% $10.00* 0 May 3, 2023 Class A Stock 16.1K $10.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This does not reflect shares directly held by the reporting person's spouse, who is independently a reporting person of the issuer.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.87 to $58.78, 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 $57.77 to $58.65, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.78 to $59.08, 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.
F5 One third (1/3rd) of the option (now fully exercised), which represented the right to purchase a total of 120,000 shares, vested and became exercisable on each of the second, third and fourth anniversaries of the grant date, which was April 26, 2018.
F6 The shares subject to the option shall vest and become exercisable, subject to continued service, in 12 equal quarterly installments over the three (3) year period following the grant date; provided, that all shares subject to the option will vest and become exercisable upon a "change in control" (as defined in the issuer's Amended and Restated Omnibus Incentive Plan).