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

Role
Executive Vice President, Life and Auto & Home
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Stock symbol
SLQT
Transactions as of
Sep 13, 2023
Transactions value $
-$71
Form type
4
Date filed
9/15/2023, 06:51 PM
Previous filing
Aug 3, 2023
Next filing
Aug 5, 2024

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 $0 +209 +0.23% $0.00 92.6K Sep 13, 2023 Direct F1
transaction SLQT Common Stock, par value $0.01 per share Tax liability -$71 -62 -0.07% $1.14 92.5K Sep 13, 2023 Direct F2

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 +72K $0.00 72K Sep 13, 2023 Common Stock, par value $0.01 per share 72K Direct F3, F4, F5
transaction SLQT Price-Vested Restricted Stock Units Award $0 +36K $0.00 36K Sep 13, 2023 Common Stock, par value $0.01 per share 36K Direct F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued following the vesting of performance-based restricted stock unit awards relating to the three-year performance period ended June 30, 2023.
F2 Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of performance-based restricted stock units previously granted to the recipient.
F3 Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F4 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F5 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.
F6 Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F7 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.
F8 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.

Remarks:

Executive Vice President, Life and Auto & Home