Daniel A. Boulware - 01 Aug 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role: GENERAL COUNSEL AND SECRETARY
Signature: /s/ Daniel A. Boulware
Issuer symbol: SLQT
Transactions as of: 01 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Aug 2022, 17:29:14 UTC
Previous filing: 14 Mar 2022
Next filing: 03 Aug 2023
SEC: View on sec.gov

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	$0	+1,567	+140%	$0.000000	2,687	01 Aug 2022	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+3,030	+113%	$0.000000	5,717	01 Aug 2022	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Tax liability	$0	-1,350	-24%	$0.000000	4,367	01 Aug 2022	Direct	F1
holding	SLQT	Common Stock, par value $0.01 per share						1,100	01 Aug 2022	By spouse

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	Restricted Stock Units	Award	$0	+106,749		$0.000000	106,749	01 Aug 2022	Common Stock, par value $0.01 per share	106,749		Direct	F2, F3, F4
transaction	SLQT	Price-Vested Restricted Stock Units	Award	$0	+258,334		$0.000000	258,334	01 Aug 2022	Common Stock, par value $0.01 per share	258,334		Direct	F5, F6, F7
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-1,567	-33%	$0.000000	3,133	01 Aug 2022	Common Stock, par value $0.01 per share	1,567		Direct	F2, F3, F8
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-3,030	-25%	$0.000000	9,090	01 Aug 2022	Common Stock, par value $0.01 per share	3,030		Direct	F2, F3, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan (the "Plan") of SelectQuote, Inc. (the "Company").
F2	Represents restricted stock units of the Company granted to the recipient pursuant to the Plan.
F3	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F4	The restricted stock units vest ratably in three annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.
F5	Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F6	Each PVU represents the contingent right to receive one share of the Company's common stock, par value $0.01 per share, upon the Company's common stock reaching certain predetermined average trading prices, subject to applicable vesting conditions.
F7	The PVUs are eligible to vest in three ratable annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-fourth of the total number of PVUs granted will vest, if at all, upon the 60-day average closing price of the Company's common stock reaching each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period.
F8	The restricted stock units vest ratably in four annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.