Joshua Brandon Matthews - Aug 9, 2023 Form 3 Insider Report for SelectQuote, Inc. (SLQT)

Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Stock symbol
SLQT
Transactions as of
Aug 9, 2023
Transactions value $
$0
Form type
3
Date filed
8/18/2023, 06:54 PM
Next filing
Sep 15, 2023

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 303K Aug 9, 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 Aug 9, 2023 Common Stock, par value $0.01 per share 2.67K $1.88 Direct F1, F2
holding SLQT Employee Stock Options Aug 9, 2023 Common Stock, par value $0.01 per share 30K $21.90 Direct F3, F4
holding SLQT Employee Stock Options Aug 9, 2023 Common Stock, par value $0.01 per share 20.2K $17.89 Direct F3, F4
holding SLQT Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 1.26K Direct F5, F6, F7
holding SLQT Employee Stock Options Aug 9, 2023 Common Stock, par value $0.01 per share 30.4K $17.80 Direct F3, F4
holding SLQT Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 3.81K Direct F5, F6, F7
holding SLQT Employee Stock Options Aug 9, 2023 Common Stock, par value $0.01 per share 140K $2.51 Direct F3, F4
holding SLQT Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 43.4K Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 158K Direct F9, F10, F11
holding SLQT Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 173K Direct F5, F7, F8
holding SLQT Price-Vested Restricted Stock Units Aug 9, 2023 Common Stock, par value $0.01 per share 86.7K 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.