Michael C. Colby - Dec 30, 2021 Form 4 Insider Report for Goosehead Insurance, Inc. (GSHD)

Role
President and COO
Signature
/s/ P. Ryan Langston, as Attorney-in-Fact for Michael C. Colby
Stock symbol
GSHD
Transactions as of
Dec 30, 2021
Transactions value $
-$578,959
Form type
4
Date filed
1/3/2022, 06:03 PM
Previous filing
Dec 30, 2021
Next filing
Feb 14, 2022

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 -2.54K -0.63% $0.00 398K Dec 30, 2021 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +2.54K +10.97% $0.00 25.7K Dec 30, 2021 Direct
transaction GSHD Class A Common Stock Sale -$246K -1.89K -7.34% $130.39 23.8K Dec 30, 2021 Direct F1
transaction GSHD Class A Common Stock Sale -$85.6K -652 -2.74% $131.26 23.1K Dec 30, 2021 Direct F2
transaction GSHD Class B Common Stock Conversion of derivative security $0 -1.9K -0.48% $0.00 396K Dec 31, 2021 Direct
transaction GSHD Class A Common Stock Conversion of derivative security $0 +1.9K +8.21% $0.00 25K Dec 31, 2021 Direct
transaction GSHD Class A Common Stock Sale -$248K -1.9K -7.59% $130.31 23.1K Dec 31, 2021 Direct F3
holding GSHD Class B Common Stock 591K Dec 30, 2021 By Colby 2014 Family Trust F4
holding GSHD Class A Common Stock 83.4K Dec 30, 2021 By Colby 2014 Family Trust F4
holding GSHD Class B Common Stock 32.9K Dec 30, 2021 By Preston Michael Colby 2014 Trust F4
holding GSHD Class B Common Stock 32.9K Dec 30, 2021 By Lyla Kate Colby 2014 Trust F4

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 -2.54K -0.63% $0.00 398K Dec 30, 2021 Class A Common Stock 2.54K $0.00 Direct F5
transaction GSHD LLC Units in Goosehead Financial, LLC Conversion of derivative security $0 -1.9K -0.48% $0.00 396K Dec 31, 2021 Class A Common Stock 1.9K $0.00 Direct F5
holding GSHD LLC Units in Goosehead Financial, LLC 591K Dec 30, 2021 Class A Common Stock 591K $0.00 By Colby 2014 Family Trust F4, F6
holding GSHD LLC Units in Goosehead Financial, LLC 32.9K Dec 30, 2021 Class A Common Stock 32.9K $0.00 By Lyla Kate Colby 2014 Trust F4, F6
holding GSHD LLC Units in Goosehead Financial, LLC 32.9K Dec 30, 2021 Class A Common Stock 32.9K $0.00 By Preston Michael Colby 2014 Trust F4, F6
* 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 $130.00 to $130.99, 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 $131.00 to $131.82, 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 $130.00 to $130.79, 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 Reflects shares of Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held in trust for which the reporting person serves as a trustee and of which immediate family members of the reporting person are beneficiaries.
F5 Each LLC Unit, together with a share of Class B Sommon Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Units do not expire.
F6 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.

Remarks:

The sales reported were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on November 22, 2021, and which the Colby 2014 Family Trust sold 2,538 and 1,900 Class B Common Shares on December 30, 2021 and December 31, 2021, respectively, under the same trading plan.