Daniel A. Boulware - Aug 1, 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role: GENERAL COUNSEL AND SECRETARY
Signature: /s/ Daniel A. Boulware
Stock symbol: SLQT
Transactions as of: Aug 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/3/2022, 05:29 PM
Previous filing: Mar 14, 2022
Next filing: Aug 3, 2023

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	+1.57K	+139.91%	$0.00	2.69K	Aug 1, 2022	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+3.03K	+112.77%	$0.00	5.72K	Aug 1, 2022	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Tax liability	$0	-1.35K	-23.61%	$0.00	4.37K	Aug 1, 2022	Direct	F1
holding	SLQT	Common Stock, par value $0.01 per share						1.1K	Aug 1, 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	+107K		$0.00	107K	Aug 1, 2022	Common Stock, par value $0.01 per share	107K		Direct	F2, F3, F4
transaction	SLQT	Price-Vested Restricted Stock Units	Award	$0	+258K		$0.00	258K	Aug 1, 2022	Common Stock, par value $0.01 per share	258K		Direct	F5, F6, F7
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-1.57K	-33.34%	$0.00	3.13K	Aug 1, 2022	Common Stock, par value $0.01 per share	1.57K		Direct	F2, F3, F8
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-3.03K	-25%	$0.00	9.09K	Aug 1, 2022	Common Stock, par value $0.01 per share	3.03K		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.