Filing Details

Accession Number:
0000899243-18-019308
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-07-03 18:15:17
Reporting Period:
2018-07-02
Accepted Time:
2018-07-03 18:15:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1640428 Everquote Inc. EVER Services-Computer Programming, Data Processing, Etc. (7370) 263101161
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1743737 David John Giordano C/O Link Ventures, Lllp
One Kendall Square, Suite B2106
Cambridge MA 02139
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-07-02 112,000 $0.00 252,400 No 4 C Direct
Class A Common Stock Disposition 2018-07-02 112,000 $0.00 140,400 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Series A (convertible) Preferred Stock Disposition 2018-07-02 33,546 $0.00 268,368 $0.00
Class A Common Stock Class B (convertible) Common Stock Acquisiton 2018-07-02 268,368 $0.00 268,368 $0.00
Class A Common Stock Class B (convertible) Common Stock Disposition 2018-07-02 112,000 $0.00 112,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
415,784 No 4 C Direct
303,784 No 4 C Direct
Footnotes
  1. Pursuant to the Sale (defined below), 112,000 shares of Class B Common Stock held by the reporting person automatically converted into shares of Class A Common Stock on a one-to-one basis.
  2. Pursuant to an underwriting agreement, dated June 27, 2018 (the "Underwriting Agreement"), by and among J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated (together with several underwriters named in Schedule 1 thereto, the "Underwriters"), EverQuote, Inc. (the "Company") and the selling stockholders named in Schedule 2 thereto (the "Selling Stockholders"), the Underwriters agreed to purchase from the Selling Stockholders and the Selling Stockholders agreed to sell to the Underwriters an aggregate of 1,562,500 shares of Class A Common Stock (the "Sale"), which aggregate amount includes 112,000 shares of Class A Common Stock (as converted) held by the Reporting Person.
  3. (Continued from Footnote 2) Pursuant to the final prospectus filed by the Company on June 28, 2018, the public offering price in the public offering of Class A Common Stock was $18.00 per share and the underwriting discount was $1.26 per share. Accordingly, the Reporting Person sold an aggregate of 112,000 shares of Class A Common Stock (as converted) in such Sale to the Underwriters and received a price per share of Class A Common Stock of $16.74 (which is net of underwriting discounts and commissions) for an aggregate amount of $1,874,880.
  4. The Series A Preferred Stock converted into Class B Common Stock on a one-to-eight basis and had no expiration date.
  5. Shares of Class B Common Stock are convertible into shares of Class A Common Stock the Issuer on a one-to-one basis at any time at the option of the holder and has no expiration date. In addition, subject to certain exceptions described in the Issuer's Restated Certificate of Incorporation, shares of Class B Common Stock convert automatically into shares of Class A Common Stock on a one-to-one basis upon transfer.