EverQuote Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
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Item 9B. Other Information
Rule 10b5-1 Trading Plans
The adoption or termination of contracts, instructions or written plans for the purchase or sale of our securities by our Section 16 officers and directors for the three months ended December 31, 2023, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (“Rule 10b5-1 Plan”), were as follows:
| Name (Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities |
|---|---|---|---|---|---|
| Jayme Mendal(Chief Executive Officer) | Termination(November 3, 2023) | Rule 10b5-1 trading arrangement | Sale | Until May 31, 2024, or such earlier date upon which all transactions are completed or expire without execution | Up to 157,280 shares |
| Jayme Mendal(Chief Executive Officer) | Adoption(December 15, 2023) | Rule 10b5-1 trading arrangement | Sale | Until March 19, 2025, or such earlier date upon which all transactions are completed or expire without execution | Up to 73,000 shares |
| Joseph Sanborn(Chief Financial Officer) | Adoption(December 15, 2023) | Rule 10b5-1 trading arrangement | Sale | Until June 13, 2024, or such earlier date upon which all transactions are completed or expire without execution | Up to 8,051 shares |
| David Brainard(Chief Technology Officer) | Modification(December 15, 2023) | Rule 10b5-1 trading arrangement | Sale | Until December 13, 2024, or such earlier date upon which all transactions are completed or expire without execution | Indeterminable(1) |
(1) Mr. Brainard’s Rule 10b5-1 Trading Plan provides for the (i) sale of up to 7,073 shares of common stock and (ii) sale of an indeterminable number of shares of common stock from the settlement of restricted stock units (“RSUs”). The shares of common stock in clause (ii) is unknown as the number will vary based on the extent to which vesting conditions of the RSUs are satisfied, the market price of the Company’s common stock at the time of settlement and the amount of shares that would otherwise be issuable on each settlement date of a covered RSU that are sold or withheld in an amount sufficient to satisfy applicable tax withholding obligations.
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