Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On April 29, 2019, the Board of Directors (the Board) of EverQuote, Inc. (the Company) increased the authorized
number of directors constituting the Board from seven (7) to eight (8) and appointed Paul Deninger as a director to serve on the Board, effective immediately. Mr. Deninger shall serve until the Companys 2019 annual meeting of
stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal. Mr. Deninger will be serving on the Board as
a non-employee, independent
director. The Board has determined Mr. Deninger is an independent director under applicable U.S. Securities and Exchange Commission (SEC) and Nasdaq Marketplace Rules. Mr. Deninger will serve on the Audit Committee
of the Board.
Mr. Deninger will receive compensation for his service as
a non-employee director
in accordance with the Companys previously disclosed
director compensation program, including annual cash retainers
for his board and committee service and annual equity grants.
There are no arrangements or understandings between Mr. Deninger and
any other persons pursuant to which he was selected as a director. Mr. Deninger has no family relationships with any of the Companys directors or executive officers. There are no transactions and no proposed transactions between
Mr. Deninger and the Company that would be required to be disclosed pursuant to Item 404(a) of
Mr. Deninger will enter into the Companys standard form of indemnification agreement. The form of indemnification agreement was
filed as Exhibit 10.2 to the Companys Registration Statement on
Form S-1 filed
with the SEC on June 1, 2018.