William Thomas Grant III - Aug 1, 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
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
May 20, 2022
Next filing
May 23, 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 +7.4K +0.46% $0.00 1.61M Aug 1, 2022 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +9.4K +0.58% $0.00 1.62M Aug 1, 2022 Direct
holding SLQT Common Stock, par value $0.01 per share 1.09M Aug 1, 2022 By Haakon Capital, LLC F1
holding SLQT Common Stock, par value $0.01 per share 1.15M Aug 1, 2022 By Self as Trustee for the W. Thomas Grant III Irrevocable Trust
holding SLQT Common Stock, par value $0.01 per share 10.7K Aug 1, 2022 By Mainstar Trust IRA

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 +275K $0.00 275K Aug 1, 2022 Common Stock, par value $0.01 per share 275K Direct F2, F3, F4
transaction SLQT Price-Vested Restricted Stock Units Award $0 +667K $0.00 667K Aug 1, 2022 Common Stock, par value $0.01 per share 667K Direct F5, F6, F7
transaction SLQT Restricted Stock Units Options Exercise $0 -7.4K -33.34% $0.00 14.8K Aug 1, 2022 Common Stock, par value $0.01 per share 7.4K Direct F2, F3, F8
transaction SLQT Restricted Stock Units Options Exercise $0 -9.4K -33.33% $0.00 18.8K Aug 1, 2022 Common Stock, par value $0.01 per share 9.4K Direct F2, F3, F8
* 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 he 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 Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (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.