SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Sanborn Joseph

(Last) (First) (Middle)
C/O EVERQUOTE, INC.
210 BROADWAY

(Street)
CAMBRIDGE MA 02139

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/16/2023
3. Issuer Name and Ticker or Trading Symbol
EverQuote, Inc. [ EVER ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 80,532(1)(2)(3)(4)(5) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (6) 06/27/2032 Class A Common Stock 25,000 $9.41 D
Explanation of Responses:
1. Includes shares of Class A Common Stock issuable under 2,446 restricted stock units ("RSUs") that have not yet vested from a grant of 39,134 RSUs made on October 19, 2019. Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The 39,134 RSUs originally granted are scheduled to vest over four years from the grant date with 25% vested on August 15, 2020, and 6.25% quarterly thereafter.
2. Includes shares of Class A Common Stock issuable under 4,273 RSUs that have not yet vested from a grant of 7,596 RSUs made on July 28, 2021. Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The 7,596 RSUs originally granted are scheduled to vest over four years from the grant date with 25% vested on August 15, 2022, and 6.25% quarterly thereafter.
3. Includes shares of Class A Common Stock issuable under 10,417 RSUs that have not yet vested from a grant of 16,667 RSUs made on October 27, 2021. Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The 16,667 RSUs originally granted are scheduled to vest over four years from the grant date with 12.5% vested on May 15, 2022, and 6.25% quarterly thereafter.
4. Includes shares of Class A Common Stock issuable under 9,397 RSUs that have not yet vested from a grant of 13,667 RSUs made on April 26, 2022. Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The 13,667 RSUs originally granted are scheduled to vest over four years from the grant date with 12.5% vested on July 1, 2022, and 6.25% quarterly thereafter.
5. Includes shares of Class A Common Stock issuable under 19,688 RSUs that have not yet vested from a grant of 21,000 RSUs made on February 17, 2023. Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The 21,000 RSUs originally granted are scheduled to vest in equal quarterly installments over four years from the grant date with the first installment vested on April 1, 2023.
6. This option was granted on June 28, 2022. The shares underlying the option are scheduled to vest over four years in equal quarterly installments, with the first installment vested on August 20, 2022.
/S/ Joseph Sanborn 06/26/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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