Sarah Taylor Anderson - 09 Aug 2023 Form 3 Insider Report for SelectQuote, Inc. (SLQT)

Role
Executive Vice President, Healthcare
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Issuer symbol
SLQT
Transactions as of
09 Aug 2023
Net transactions value
$0
Form type
3
Filing time
18 Aug 2023, 18:54:24 UTC
Next filing
05 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SLQT Common Stock, par value $0.01 per share 8,614 09 Aug 2023 Direct

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
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 17,000 $1.88 Direct F1, F2
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 24,000 $3.13 Direct F1, F2
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 20,000 $21.90 Direct F3, F4
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 6,168 $17.89 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 782 Direct F5, F6, F7
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 10,712 $17.80 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 2,718 Direct F5, F6, F7
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 65,000 $2.51 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 16,070 Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 58,334 Direct F9, F10, F11
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 76,700 Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 38,350 Direct F9, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents incentive stock options of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2003 Stock Incentive Plan. Each option represents the contingent right to purchase one share of the Company's common stock, par value $0.01 per share, at a predetermined price specified in Column 4 of this table.
F2 The option vests 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 through the applicable vesting date. As of the date hereof, the option has vested in full.
F3 Represents non-qualified stock options of the Company granted to the recipient pursuant the the Company's 2020 Omnibus Incentive Plan (the "Plan"). Each option represents the contingent right to purchase one share of the Company's common stock, par value $0.01 per share, at a predetermined price specified in Column 4 of this table.
F4 The option vests 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.
F5 Represents restricted stock units of the Company granted to the recipient pursuant to the Plan.
F6 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.
F7 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F8 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.
F9 Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F10 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 exceeding each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period.
F11 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.
F12 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 exceeding each of $2.50, $5.00, $7.50, and $10.00 during the five-year performance period.

Remarks:

Executive Vice President, Healthcare