Floyd O'Lander May III - Aug 1, 2022 Form 4 Insider Report for SelectQuote, Inc. (SLQT)

Role
CHIEF INFORMATION OFFICER
Signature
/s/ Daniel A. Boulware, Attorney-in-Fact
Stock symbol
SLQT
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 05:18 PM
Previous filing
Mar 14, 2022
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +1.06K +131.22% $0.00 1.86K Aug 1, 2022 Direct
transaction SLQT Common Stock, par value $0.01 per share Options Exercise $0 +1.53K +82.14% $0.00 3.39K Aug 1, 2022 Direct
transaction SLQT Common Stock, par value $0.01 per share Tax liability $0 -736 -21.74% $0.00 2.65K Aug 1, 2022 Direct F1
holding SLQT Common Stock, par value $0.01 per share 100 Aug 1, 2022 By spouse

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 SLQT Restricted Stock Units Award $0 +47.5K $0.00 47.5K Aug 1, 2022 Common Stock, par value $0.01 per share 47.5K Direct F2, F3, F4
transaction SLQT Price-Vested Restricted Stock Units Award $0 +115K $0.00 115K Aug 1, 2022 Common Stock, par value $0.01 per share 115K Direct F5, F6, F7
transaction SLQT Restricted Stock Units Options Exercise $0 -1.06K -33.34% $0.00 2.11K Aug 1, 2022 Common Stock, par value $0.01 per share 1.06K Direct F2, F3, F8
transaction SLQT Restricted Stock Units Options Exercise $0 -1.53K -25% $0.00 4.58K Aug 1, 2022 Common Stock, par value $0.01 per share 1.53K Direct F2, F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan (the "Plan") of SelectQuote, Inc. (the "Company").
F2 Represents restricted stock units of the Company granted to the recipient pursuant to the Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
F4 The restricted stock units vest ratably in three annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.
F5 Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
F6 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.
F7 The PVUs are eligible to vest in three ratable annual installments commencing on the one-year anniversary of the grant date, 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 reaching each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period.
F8 The restricted stock units vest ratably in four annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.