4//SEC Filing
Grant Robert Clay 4
Accession 0001794783-25-000031
CIK 0001794783other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:25 PM ET
Size
13.9 KB
Accession
0001794783-25-000031
Insider Transaction Report
Form 4
Grant Robert Clay
PRESIDENT
Transactions
- Exercise/Conversion
Price-Vested Restricted Stock Units
2025-02-26−127,778→ 638,888 totalExp: 2027-08-01→ Common Stock, par value $0.01 per share (127,778 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-02-26+127,778→ 2,054,524 total - Tax Payment
Common Stock, par value $0.01 per share
2025-02-26$4.59/sh−38,590$177,128→ 2,015,934 total
Holdings
- 1,242,000(indirect: By Trust)
Common Stock, par value $0.01 per share
- 61,400(indirect: By Trust)
Common Stock, par value $0.01 per share
- 61,400(indirect: By Trust)
Common Stock, par value $0.01 per share
- 1,089,369(indirect: By LLC)
Common Stock, par value $0.01 per share
- 61,400(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (6)
- [F1]Each price-vested restricted stock unit ("PVU") represents the contingent right to receive one share of the common stock, par value $0.01 per share, of SelectQuote, Inc. (the "Company") upon the Company's common stock reaching certain predetermined average trading prices, subject to applicable vesting conditions.
- [F2]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 Company's 2020 Omnibus Incentive Plan (the "Plan").
- [F3]Beneficially owned by Mr. Grant through Haakon Capital, LLC, an investment company in which he has a one-third ownership stake. Mr. Grant disclaims beneficial ownership of the shares held by Haakon Capital, LLC, except to the extent of his pecuniary interest therein.
- [F4]Shares held indirectly by Mr. Grant in his capacity as Trustee of a trust for the benefit of one of his minor children.
- [F5]Represents PVUs granted to the recipient pursuant to the Plan.
- [F6]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 upon the achievement of the $4.00 price hurdle on the transaction date.
Documents
Issuer
SelectQuote, Inc.
CIK 0001794783
Entity typeother
Related Parties
1- filerCIK 0001804765
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:25 PM ET
- Size
- 13.9 KB