W. Thomas Grant II - Sep 2, 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
Director
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Stock symbol
SLQT
Transactions as of
Sep 2, 2022
Transactions value $
$594,602
Form type
4
Date filed
9/6/2022, 05:51 PM
Previous filing
May 3, 2022
Next filing
Nov 17, 2022

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 $595K +1.12M +132.3% $0.53 1.96M Sep 2, 2022 Direct
holding SLQT Common Stock, par value $0.01 per share 1.35M Sep 2, 2022 By Self as Trustee for the W. Thomas Grant II Family Irrevocable Trust
holding SLQT Common Stock, par value $0.01 per share 391K Sep 2, 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 Employee Stock Options Options Exercise $0 -1.12M -100% $0.00* 0 Sep 2, 2022 Common Stock, par value $0.01 per share 1.12M $0.53 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents non-qualified stock options of SelectQuote, Inc. (the "Company") awarded to Mr. Grant pursuant to the Company's 2003 Stock Incentive Plan (the "Plan").
F2 Options granted pursuant to the Plan vest as to one-third on the first anniversary of the grant date and as to 1/24 of the remaining shares subject to the option monthly thereafter, subject to the recipient's continued employment with the Company as of the applicable vesting date. The options reported on this line were awarded to Mr. Grant on January 13, 2014 and were fully vested as of January 13, 2017, at which time Mr. Grant was employed by the Company as its President.