Desiree Coleman - Feb 8, 2024 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
Member of 10% owner group, 10%+ Owner
Signature
/s/ John O'Connor, as Attorney-in-Fact for Desiree Coleman
Stock symbol
GSHD
Transactions as of
Feb 8, 2024
Transactions value $
-$3,110,633
Form type
4
Date filed
2/12/2024, 07:25 PM
Previous filing
Feb 7, 2024

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 -17.1K -7.15% $0.00 222K Feb 8, 2024 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +17.1K $0.00 17.1K Feb 8, 2024 Direct
transaction GSHD Class A Common Stock Sale -$1.37M -17.1K -100% $80.15 0 Feb 8, 2024 Direct F1
transaction GSHD Class B Common Stock Conversion of derivative security $0 -21.7K -9.77% $0.00 200K Feb 9, 2024 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +21.7K $0.00 21.7K Feb 9, 2024 Direct
transaction GSHD Class A Common Stock Sale -$1.54M -19.1K -88.31% $80.38 2.53K Feb 9, 2024 Direct F2
transaction GSHD Class A Common Stock Sale -$205K -2.53K -100% $81.14 0 Feb 9, 2024 Direct F3

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 -17.1K -7.15% $0.00 222K Feb 8, 2024 Class A Common Stock 17.1K $0.00 Direct F4
transaction GSHD LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -21.7K -9.77% $0.00 200K Feb 9, 2024 Class A Common Stock 21.7K $0.00 Direct F4
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.64, 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 $80.00 to $80.97, 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 $81.03 to $81.28, 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 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.