Colby 2014 Family Trust - May 20, 2021 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role: 10%+ Owner
Signature: /s/ P. Ryan Langston as Attorney-in-Fact for Colby 2014 Family Trust
Stock symbol: GSHD
Transactions as of: May 20, 2021
Transactions value $: -$4,888,195
Form type: 4
Date filed: 5/24/2021, 06:01 PM

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSHD	Class B Common Stock	Conversion of derivative security	$0	-15.2K	-2.27%	$0.00	657K	May 20, 2021	Direct
transaction	GSHD	Class A Common Stock	Conversion of derivative security	$0	+15.2K	+10.62%	$0.00	159K	May 20, 2021	Direct
transaction	GSHD	Class A Common Stock	Sale	-$715K	-8.74K	-5.51%	$81.79	150K	May 20, 2021	Direct	F1
transaction	GSHD	Class A Common Stock	Sale	-$430K	-5.23K	-3.49%	$82.38	145K	May 20, 2021	Direct	F2
transaction	GSHD	Class A Common Stock	Sale	-$105K	-1.26K	-0.87%	$83.37	143K	May 20, 2021	Direct	F3
transaction	GSHD	Class B Common Stock	Conversion of derivative security	$0	-44.8K	-6.82%	$0.00	612K	May 21, 2021	Direct
transaction	GSHD	Class A Common Stock	Conversion of derivative security	$0	+44.8K	+31.22%	$0.00	188K	May 20, 2021	Direct
transaction	GSHD	Class A Common Stock	Sale	-$1.95M	-24.2K	-12.86%	$80.66	164K	May 20, 2021	Direct	F4
transaction	GSHD	Class A Common Stock	Sale	-$1.59M	-19.4K	-11.82%	$81.90	145K	May 20, 2021	Direct	F5
transaction	GSHD	Class A Common Stock	Sale	-$99.1K	-1.2K	-0.83%	$82.56	143K	May 20, 2021	Direct	F6

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	GSHD	LLC Units in Goosehead Financial, LLC	Conversion of derivative security	$0	-15.2K	-2.27%	$0.00	657K	May 20, 2021	Class A Common Stock	15.2K	$0.00	Direct	F7
transaction	GSHD	LLC Units in Goosehead Financial, LLC	Conversion of derivative security	$0	-44.8K	-6.82%	$0.00	612K	May 21, 2021	Class A Common Stock	44.8K	$0.00	Direct	F7

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.08 to $82.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.08 to $83.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.08 to $83.92, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.27 to $81.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to 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 $81.34 to $82.28, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to this Form 4.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.44 to $82.66, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote to this Form 4.
F7	Each LLC Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC units do not expire.