John Lunny - Mar 10, 2023 Form 4 Insider Report for EverQuote, Inc. (EVER)

Role: Director
Signature: /s/ John Lunny
Stock symbol: EVER
Transactions as of: Mar 10, 2023
Transactions value $: $74,400
Form type: 4
Date filed: 3/14/2023, 09:56 PM
Previous filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVER	Class A Common Stock	Options Exercise	$74.4K	+20K	+65%	$3.72	50.8K	Mar 10, 2023	Direct

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	EVER	Stock Option (right to buy)	Disposed to Issuer	$0	-20K	-100%	$0.00^*	0	Mar 10, 2023	Class B Common Stock	20K	$3.72	Direct	F1
transaction	EVER	Stock Option (right to buy)	Award	$0	+20K		$0.00	20K	Mar 10, 2023	Class A Common Stock	20K	$3.72	Direct	F1
transaction	EVER	Stock Option (right to buy)	Options Exercise	$0	-20K	-100%	$0.00^*	0	Mar 10, 2023	Class A Common Stock	20K	$3.72	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option with respect to the exercised shares. The original option was granted on August 11, 2014 and was exercisable for up to an aggregate total of 20,000 shares of Class B Common Stock, which shares fully vested as of August 31, 2016. The replacement option is exercisable for shares of Class A Common Stock for the number of shares exercised in this transaction.

Content

The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option with respect to the exercised shares. The original option was granted on August 11, 2014 and was exercisable for up to an aggregate total of 20,000 shares of Class B Common Stock, which shares fully vested as of August 31, 2016. The replacement option is exercisable for shares of Class A Common Stock for the number of shares exercised in this transaction.