Ryan Souan - 01 Aug 2024 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role: Officer
Signature: /s/ Daniel A. Boulware, Attorney-in-Fact
Issuer symbol: SLQT
Transactions as of: 01 Aug 2024
Net transactions value: -$42,406
Form type: 4
Filing time: 05 Aug 2024, 21:26:21 UTC
Previous filing: 15 Sep 2023
Next filing: 30 Oct 2024
SEC: View on sec.gov

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	+402	+0.43%	$0.000000	92,906	01 Aug 2024	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+687	+0.74%	$0.000000	93,593	01 Aug 2024	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+8,035	+8.6%	$0.000000	101,628	01 Aug 2024	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+23,986	+24%	$0.000000	125,614	01 Aug 2024	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Options Exercise	$0	+2,998	+2.4%	$0.000000	128,612	01 Aug 2024	Direct
transaction	SLQT	Common Stock, par value $0.01 per share	Tax liability	$42,406	-10,575	-8.2%	$4.01	118,037	01 Aug 2024	Direct	F1

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	Options Exercise	$0	-402	-100%	$0.000000^*	0	01 Aug 2024	Common Stock, par value $0.01 per share	402		Direct	F2, F3, F4
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-687	-50%	$0.000000	687	01 Aug 2024	Common Stock, par value $0.01 per share	687		Direct	F2, F3, F4
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-8,035	-50%	$0.000000	8,035	01 Aug 2024	Common Stock, par value $0.01 per share	8,035		Direct	F2, F3, F5
transaction	SLQT	Restricted Stock Units	Options Exercise	$0	-23,986	-33%	$0.000000	47,972	01 Aug 2024	Common Stock, par value $0.01 per share	23,986		Direct	F2, F3, F6
transaction	SLQT	Price-Vested Restricted Stock Units	Options Exercise	$0	-2,998	-8.3%	$0.000000	32,981	01 Aug 2024	Common Stock, par value $0.01 per share	2,998		Direct	F7, F8, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of price-vested units and time-based restricted stock units previously granted to the recipient.
F2	Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
F3	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F4	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.
F5	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.
F6	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.
F7	Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F8	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.
F9	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.