4//SEC Filing
Grant William Thomas III 4
Accession 0001794783-25-000034
CIK 0001794783other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:25 PM ET
Size
12.1 KB
Accession
0001794783-25-000034
Insider Transaction Report
Form 4
Grant William Thomas III
CHIEF OPERATING OFFICER
Transactions
- Exercise/Conversion
Price-Vested Restricted Stock Units
2025-02-26−111,111→ 555,555 totalExp: 2027-08-01→ Common Stock, par value $0.01 per share (111,111 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-02-26+111,111→ 2,258,367 total - Tax Payment
Common Stock, par value $0.01 per share
2025-02-26$4.59/sh−34,791$159,691→ 2,223,576 total
Holdings
- 1,089,369(indirect: By LLC)
Common Stock, par value $0.01 per share
- 1,150,000(indirect: By Trust)
Common Stock, par value $0.01 per share
- 10,681(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]Each price-vested restricted stock unit 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 owns 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]Represents PVUs granted to the recipient pursuant to the Plan.
- [F5]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 0001804642
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:25 PM ET
- Size
- 12.1 KB