Form 4 for SLQT SelectQuote, Inc.
Accepted 2022-08-03 00:00:00 ET · period of report 2022-08-01 · accession 0001794783-22-000059 · 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 | Danker Timothy Robert | CEO, Dir | M - OptEx | $0.00 | +18.7K | 1.56M | +1% | $0 |
| DM | 2022-08-03 | 2022-08-01 | SLQT | Danker Timothy Robert | CEO, Dir | A - Grant | $0.00 | +1.13M | 800.0K | New | $0 |
| DM | 2022-08-03 | 2022-08-01 | SLQT | Danker Timothy Robert | CEO, Dir | M - OptEx | $0.00 | -18.7K | 33.8K | -36% | $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 | 7,395 | $0.00 | 1,553,109 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2022-08-01 | M | A | 11,274 | $0.00 | 1,564,383 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-08-01 | A | A | 330,579 | $0.00 | 330,579 | D | — · — to 2032-08-01 | 330,579 Common Stock, par value $0.01 per share | (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 the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date. |
| 4 | Derivative | Restricted Stock Units | 2022-08-01 | M | D | 7,395 | $0.00 | 14,788 | D | — · — to 2030-08-01 | 7,395 Common Stock, par value $0.01 per share | (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. (F7) 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 | 11,274 | $0.00 | 33,822 | D | — · — to 2031-08-01 | 11,274 Common Stock, par value $0.01 per share | (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. (F7) 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 | Price-Vested Restricted Stock Units | 2022-08-01 | A | A | 800,000 | $0.00 | 800,000 | D | — · — to 2027-08-01 | 800,000 Common Stock, par value $0.01 per share | (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 as to one-third of the underlying shares on each of the first three anniversaries 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. |