Sec Form 4 Filing - Danker Timothy Robert @ SelectQuote, Inc. - 2023-09-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Danker Timothy Robert
2. Issuer Name and Ticker or Trading Symbol
SelectQuote, Inc. [ SLQT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CHIEF EXECUTIVE OFFICER
(Last) (First) (Middle)
C/O SELECTQUOTE, INC., 6800 WEST 115TH STREET, SUITE 2511
3. Date of Earliest Transaction (MM/DD/YY)
09/13/2023
(Street)
OVERLAND PARK, KS66211
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 09/13/2023 M 3,845 ( 1 ) A $ 0 1,797,089 D
Common Stock, par value $0.01 per share 09/13/2023 F 1,129 ( 2 ) D $ 1.14 1,795,960 D
Common Stock, par value $0.01 per share 9,398 I By Mainstar Trust IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) ( 4 ) 09/13/2023 A 800,000 ( 5 ) 09/13/2033 Common Stock, par value $0.01 per share 800,000 $ 0 800,000 D
Price-Vested Restricted Stock Units ( 6 ) ( 7 ) 09/13/2023 A 400,000 ( 8 ) 08/01/2028 Common Stock, par value $0.01 per share 400,000 $ 0 400,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Danker Timothy Robert
C/O SELECTQUOTE, INC.
6800 WEST 115TH STREET, SUITE 2511
OVERLAND PARK, KS66211
X CHIEF EXECUTIVE OFFICER
Signatures
/s/ Daniel A. Boulware, Attorney-in-Fact 09/15/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares issued following the vesting of performance-based restricted stock unit awards relating to the three-year performance period ended June 30, 2023.
( 2 )Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of performance-based restricted stock units previously granted to the recipient.
( 3 )Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").
( 4 )Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
( 5 )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.
( 6 )Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
( 7 )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.
( 8 )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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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