Colby Michael C.'s Form 4/A amendment
AmendedGoosehead Insurance, Inc. (GSHD) · filed Aug 30, 2021
- Accession no.
- 0001726978-21-000169
- Filed
- Aug 30, 2021
- Trade date
- Aug 12, 2021
- Filing delay
- 18 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Aug 14, 2021
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $7.18M. It was filed 18 days after the trade.
This amendment replaces 0001726978-21-000153 (filed Aug 13, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Colby Michael C.CIK 0001737258 | Officer (President and COO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 12, 2021 | Class A Common Stock | MOption exerciseAcquired | 0 | $10.00 | $0 | 76,464 | Direct | |
| Aug 12, 2021 | Class A Common Stock | SSaleDisposed | −43,657 | $134.50F1 | −$5,871,866.5 | 32,807 | Direct | |
| Aug 12, 2021 | Class A Common Stock | SSaleDisposed | −9,556 | $135.32F2 | −$1,293,117.92 | 23,251 | Direct | |
| Aug 12, 2021 | Class A Common Stock | SSaleDisposed | −120 | $136.05F3 | −$16,326 | 23,131 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 12, 2021 | Class A Stock | MOption exerciseDisposed | −53,333 | $0.00 | $0 | 53,334 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.98 to $134.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.98 to $135.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.03 to $136.13, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F4
Reflects shares of Class A Common Stock, shares of Class B Common Stock or LLC Units, as applicable, held in trust for which the reporting person serves as a trustee and of which immediate family members of the reporting person are beneficiaries.
- F5
One third (1/3rd) of the shares subject to the option shall vest and become exercisable, subject to continued employment, on each of the second, third and fourth anniversaries of the grant date; provided, that all shares subject to the option will vest and become exercisable if Mr. Colby's employment is terminated without "cause" or for "good reason" (each as defined in either Mr. Colby's option award agreement or the issuer's omnibus incentive plan) within six month following a "change in control" (as defined in the issuer's omnibus incentive plan).
Remarks
Amended to include indirect holding of Class A Common Stock by trust.