Joshua Brandon Matthews - 09 Aug 2023 Form 3 Insider Report for SelectQuote, Inc. (SLQT)

Role
President, SelectQuote Senior
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, 18:54:40 UTC
Next filing
15 Sep 2023
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 302,973 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 2,672 $1.88 Direct F1, F2
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 30,000 $21.90 Direct F3, F4
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 20,216 $17.89 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 1,263 Direct F5, F6, F7
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 30,440 $17.80 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 3,805 Direct F5, F6, F7
holding SLQT Employee Stock Options 09 Aug 2023 Common Stock, par value $0.01 per share 140,000 $2.51 Direct F3, F4
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 43,389 Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 157,500 Direct F9, F10, F11
holding SLQT Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 173,333 Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units 09 Aug 2023 Common Stock, par value $0.01 per share 86,667 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 to 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.