Form 4 for SLQT SelectQuote, Inc.
Accepted 2022-08-03 00:00:00 ET · period of report 2022-08-01 · accession 0001794783-22-000056 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-03 | 2022-08-01 | SLQT | Boulware Daniel Allen | GC AND Sec | M - OptEx | $0.00 | +4,597 | 5,717 | +410% | $0 |
| D | 2022-08-03 | 2022-08-01 | SLQT | Boulware Daniel Allen | GC AND Sec | F - Tax | $0.00 | -1,350 | 4,367 | -24% | $0 |
| DM | 2022-08-03 | 2022-08-01 | SLQT | Boulware Daniel Allen | GC AND Sec | M - OptEx | $0.00 | -4,597 | 9,090 | -34% | $0 |
| DM | 2022-08-03 | 2022-08-01 | SLQT | Boulware Daniel Allen | GC AND Sec | A - Grant | $0.00 | +365.1K | 258.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2022-08-01 | M | A | 1,567 | $0.00 | 2,687 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2022-08-01 | M | A | 3,030 | $0.00 | 5,717 | D | — | — | |
| 3 | Common | Common Stock, par value $0.01 per share | 2022-08-01 | F | D | 1,350 | $0.00 | 4,367 | D | — | — | (F1) Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan (the "Plan") of SelectQuote, Inc. (the "Company"). |
| 4 | Derivative | Restricted Stock Units | 2022-08-01 | M | D | 1,567 | $0.00 | 3,133 | D | — · — to 2030-08-01 | 1,567 Common Stock, par value $0.01 per share | (F2) Represents restricted stock units of the Company granted to the recipient pursuant to 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. (F8) 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. |
| 5 | Derivative | Restricted Stock Units | 2022-08-01 | M | D | 3,030 | $0.00 | 9,090 | D | — · — to 2031-08-01 | 3,030 Common Stock, par value $0.01 per share | (F2) Represents restricted stock units of the Company granted to the recipient pursuant to 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. (F8) 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. |
| 6 | Derivative | Restricted Stock Units | 2022-08-01 | A | A | 106,749 | $0.00 | 106,749 | D | — · — to 2032-08-01 | 106,749 Common Stock, par value $0.01 per share | (F2) Represents restricted stock units of the Company granted to the recipient pursuant to 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 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. |
| 7 | Derivative | Price-Vested Restricted Stock Units | 2022-08-01 | A | A | 258,334 | $0.00 | 258,334 | D | — · — to 2027-08-01 | 258,334 Common Stock, par value $0.01 per share | (F5) Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan. (F6) 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. (F7) 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 reaching each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period. |