Ryan Moore Clement - 13 Sep 2023 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
Chief Financial Officer
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Issuer symbol
SLQT
Transactions as of
13 Sep 2023
Net transactions value
$0
Form type
4
Filing time
15 Sep 2023, 18:49:55 UTC
Previous filing
03 Aug 2023
Next filing
01 Mar 2024
SEC
View on sec.gov

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 +266,667 $0.000000 266,667 13 Sep 2023 Common Stock, par value $0.01 per share 266,667 Direct F1, F2, F3
transaction SLQT Price-Vested Restricted Stock Units Award $0 +133,333 $0.000000 133,333 13 Sep 2023 Common Stock, par value $0.01 per share 133,333 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F3 The restricted stock units vest ratably in three annual installments commencing on August 1, 2024, subject to the recipient's continued employment with the Company through the applicable vesting date.
F4 Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F5 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.
F6 The PVUs are eligible to vest in three ratable annual installments commencing on August 1, 2024, 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.