Jayme Mendal - Jul 6, 2020 Form 4 Insider Report for EverQuote, Inc. (EVER)

Signature
/s/ John Wagner, as attorney-in-fact for Jayme Mendal
Stock symbol
EVER
Transactions as of
Jul 6, 2020
Transactions value $
-$29,976
Form type
4
Date filed
4/5/2023, 09:47 PM
Previous filing
Apr 5, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVER Class A Common Stock Sale -$17.4K -292 -0.12% $59.74* 238K Jul 6, 2020 Direct F1, F2, F3, F4
transaction EVER Class A Common Stock Sale -$12.5K -208 -0.09% $60.25* 238K Jul 6, 2020 Direct F2, F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Reporting Person's title changed from Chief Operating Officer to CEO and President in November 2020. The Reporting Person was also elected as a director in November 2020.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2020, as amended on May 20, 2020.
F3 The Reporting Person inadvertently failed to report the acquisition of these shares of Class A Common Stock, and therefore, the total amount of securities beneficially owned by the Reporting Person and reported in column 5 of Table I was overstated by the amount of these shares in each of the Forms 4 filed after July 6, 2020 and before April 5, 2023.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.25 to $59.99, inclusive. The reporting person undertakes to provide to EverQuote, Inc., any security holder of EverQuote, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.64, inclusive. The reporting person undertakes to provide to EverQuote, Inc., any security holder of EverQuote, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F6 The amount of securities beneficially owned that is reported on this line is as of July 6, 2020.