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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

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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

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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	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

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.
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.
(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.
The Series A Preferred Stock converted into Class B Common Stock on a one-to-eight basis and had no expiration date.
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.