Daniel A. Boulware - Aug 1, 2024 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
GENERAL COUNSEL AND SECRETARY
Signature
/s/ Daniel A. Boulware
Stock symbol
SLQT
Transactions as of
Aug 1, 2024
Transactions value $
-$164,991
Form type
4
Date filed
8/5/2024, 09:26 PM
Previous filing
Sep 15, 2023
Next filing
Oct 30, 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 +1.57K +4.7% $0.00 34.9K Aug 1, 2024 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +3.03K +8.68% $0.00 37.9K Aug 1, 2024 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +35.6K +93.83% $0.00 73.5K Aug 1, 2024 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +88.9K +120.93% $0.00 162K Aug 1, 2024 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +11.1K +6.84% $0.00 174K Aug 1, 2024 Direct
transaction SLQT Common Stock, par value $0.01 per share Tax liability -$165K -41.1K -23.71% $4.01 132K Aug 1, 2024 Direct F1
holding SLQT Common Stock, par value $0.01 per share 1.1K Aug 1, 2024 By spouse

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 -1.57K -100% $0.00* 0 Aug 1, 2024 Common Stock, par value $0.01 per share 1.57K Direct F2, F3, F4
transaction SLQT Restricted Stock Units Options Exercise $0 -3.03K -50% $0.00 3.03K Aug 1, 2024 Common Stock, par value $0.01 per share 3.03K Direct F2, F3, F4
transaction SLQT Restricted Stock Units Options Exercise $0 -35.6K -50% $0.00 35.6K Aug 1, 2024 Common Stock, par value $0.01 per share 35.6K Direct F2, F3, F5
transaction SLQT Restricted Stock Units Options Exercise $0 -88.9K -33.33% $0.00 178K Aug 1, 2024 Common Stock, par value $0.01 per share 88.9K Direct F2, F3, F6
transaction SLQT Price-Vested Restricted Stock Units Options Exercise $0 -11.1K -8.33% $0.00 122K Aug 1, 2024 Common Stock, par value $0.01 per share 11.1K 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.