Grant William Thomas III 4
4 · SelectQuote, Inc. · Filed Aug 5, 2025
Insider Transaction Report
Form 4
Grant William Thomas III
CHIEF OPERATING OFFICER
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-08-01−91,828→ 0 totalExp: 2032-08-01→ Common Stock, par value $0.01 per share (91,828 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+91,828→ 2,773,273 total - Exercise/Conversion
Restricted Stock Units
2025-08-01−9,395→ 0 totalExp: 2031-08-01→ Common Stock, par value $0.01 per share (9,395 underlying) - Exercise/Conversion
Restricted Stock Units
2025-08-01−222,222→ 222,223 totalExp: 2033-09-13→ Common Stock, par value $0.01 per share (222,222 underlying) - Exercise/Conversion
Restricted Stock Units
2025-08-01−106,496→ 212,993 totalExp: 2034-10-28→ Common Stock, par value $0.01 per share (106,496 underlying) - Exercise/Conversion
Price-Vested Restricted Stock Units
2025-08-01−27,778→ 277,777 totalExp: 2028-08-01→ Common Stock, par value $0.01 per share (27,778 underlying) - Exercise/Conversion
Price-Vested Restricted Stock Units
2025-08-01−35,499→ 283,990 totalExp: 2029-10-28→ Common Stock, par value $0.01 per share (35,499 underlying) - Award
Price-Vested Restricted Stock Units
2025-08-01+400,000→ 400,000 totalExp: 2030-08-01→ Common Stock, par value $0.01 per share (400,000 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+9,395→ 2,681,445 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+106,496→ 3,101,991 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+55,556→ 3,157,547 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+27,778→ 3,185,325 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+35,499→ 3,220,824 total - Exercise/Conversion
Price-Vested Restricted Stock Units
2025-08-01−55,556→ 499,999 totalExp: 2027-08-01→ Common Stock, par value $0.01 per share (55,556 underlying) - Award
Restricted Stock Units
2025-08-01+400,000→ 400,000 totalExp: 2035-08-01→ Common Stock, par value $0.01 per share (400,000 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-08-01+222,222→ 2,995,495 total - Tax Payment
Common Stock, par value $0.01 per share
2025-08-02$1.74/sh−183,016$318,448→ 3,037,808 total
Holdings
- 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
- 1,089,369(indirect: By LLC)
Common Stock, par value $0.01 per share
Footnotes (14)
- [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.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F14]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.
- [F2]Beneficially owned by Mr. Grant through Haakon Capital, LLC, an investment company of which he owns one-third. Mr. Grant disclaims beneficial ownership of the shares held by Haakon Capital, LLC, except to the extent of his pecuniary interest therein.
- [F3]Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.