Robert Clay Grant - May 20, 2021 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Stock symbol
SLQT
Transactions as of
May 20, 2021
Transactions value $
$0
Form type
4
Date filed
6/28/2021, 07:03 PM
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $66.7K +35.6K +3.53% $1.88 1.04M May 20, 2021 Direct
holding SLQT Common Stock, par value $0.01 per share 364K May 20, 2021 By Haakon Capital, LLC F1
holding SLQT Common Stock, par value $0.01 per share 1.24M May 20, 2021 By Self as Trustee for the Robert Clay Grant Irrevocable Trust F2

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 SLQT Employee Stock Options Options Exercise -$66.7K -35.6K -88.88% $1.88 4.45K May 20, 2021 Common Stock, par value $0.01 per share 35.6K $1.88 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Beneficially owned by Mr. Grant through Haakon Capital, LLC, an investment company in which Mr. Grant owns a 33.3% ownership stake. Mr. Grant disclaims beneficial ownership of the shares held by Haakon Capital, LLC, except to the extent of his pecuniary interest therein.
F2 Beneficially owned by Mr. Grant as the Trustee of Robert Clay Grant Irrevocable Trust.
F3 Represents incentive stock options of SelectQuote, Inc. granted to Mr. Grant under SelectQuote, Inc.'s 2003 Stock Incentive Plan.
F4 Each incentive stock option represents a contingent right to receive one share of SelectQuote, Inc. common stock, par value $0.01 per share.
F5 Employee stock options vest as to one-third on the first anniversary of the date of the grant and as to 1/24 of the remaining shares subject to the stock option monthly thereafter, subject to the award recipient's continued employment through the applicable vesting date. Mr. Grant's employee stock options reported on this line were granted on August 22, 2018 and, as of May 20, 2021, all of these options were vested.