Form 4 for SLQT SelectQuote, Inc.
Accepted 2023-09-15 00:00:00 ET · period of report 2023-09-13 · accession 0001794783-23-000115 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-15 | 2023-09-13 | SLQT | Grant William Thomas III | COO | M - OptEx | $0.00 | +3,845 | 1.77M | +0.2% | $0 |
| D | 2023-09-15 | 2023-09-13 | SLQT | Grant William Thomas III | COO | F - Tax | $1.14 | -1,167 | 1.76M | -0.1% | -$1,330 |
| DM | 2023-09-15 | 2023-09-13 | SLQT | Grant William Thomas III | COO | A - Grant | $0.00 | +1.00M | 666.7K | 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 | 2023-09-13 | M | A | 3,845 | $0.00 | 1,765,018 | D | — | — | (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. |
| 2 | Common | Common Stock, par value $0.01 per share | 2023-09-13 | F | D | 1,167 | $1.14 | 1,763,851 | D | — | — | (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. |
| 3 | Derivative | Price-Vested Restricted Stock Units | 2023-09-13 | A | A | 333,333 | $0.00 | 333,333 | D | — · — to 2028-08-01 | 333,333 Common Stock, par value $0.01 per share | (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. |
| 4 | Derivative | Restricted Stock Units | 2023-09-13 | A | A | 666,667 | $0.00 | 666,667 | D | — · — to 2033-09-13 | 666,667 Common Stock, par value $0.01 per share | (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. |