[Form 4] SelectQuote, Inc. Insider Trading Activity
Insider Trade Summary
Net Buyer: 149,238 shares
Net Buy
15 txns
Insider
Clement Ryan Moore
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 62,002 | $1.74 | $108K |
| Exercise | Restricted Stock Units | 16,227 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 88,889 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 63,897 | $0.00 | $0.00 |
| Exercise | Price-Vested Restricted Stock Units | 9,817 | $0.00 | $0.00 |
| Exercise | Price-Vested Restricted Stock Units | 11,111 | $0.00 | $0.00 |
| Exercise | Price-Vested Restricted Stock Units | 21,299 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 270,000 | $0.00 | $0.00 |
| Grant/Award | Price-Vested Restricted Stock Units | 270,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 16,227 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 88,889 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 63,897 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 9,817 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 11,111 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 21,299 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 486,685 shares (Direct);
Price-Vested Restricted Stock Units — 639,858 shares (Direct);
Common Stock, par value $0.01 per share — 304,705 shares (Direct)
Footnotes (12)
- F1. Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of price-vested units and time-based restricted stock units previously granted to the recipient.
- F2. Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (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. The restricted stock units vest ratably in three annual installments commencing on August 1, 2024, subject to the recipient's continued employment with the Company through the applicable vesting date.
- F6. The restricted stock units vest ratably in three annual installments commencing on August 1, 2025, subject to the recipient's continued employment with the Company through the applicable vesting date.
- F7. Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
- F8. 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.
- F9. 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. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $4.00 price hurdle.
- F10. The PVUs are eligible to vest in three ratable annual installments commencing on August 1, 2024, 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 exceeding each of $2.50, $5.00, $7.50, and $10.00 during the five-year performance period. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $2.50 price hurdle.
- F11. The PVUs are eligible to vest in three ratable annual installments commencing on August 1, 2025, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-third 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 exceeding each of $3.13, $6.00, and $9.00 during the five-year performance period. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $3.13 price hurdle.
- F12. 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-third 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 exceeding each of $2.50, $4.00, and $6.00 during the five-year performance period.
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