THOMAS J. NEFF - 16 Jun 2021 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: ACCD
Transactions as of: 16 Jun 2021
Transactions value $: $0
Form type: 4
Filing time: 21 Jun 2021, 11:17:42 UTC
Previous filing: 10 May 2021
Next filing: 23 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACCD	Common Stock	Options Exercise		+461	+2.47%		19.1K	16 Jun 2021	Direct	F1
holding	ACCD	Common Stock						3.52K	16 Jun 2021	By Thomas J. Neff Revocable Trust	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ACCD	Restricted Stock Units	Award		+1.84K			1.84K	16 Jun 2021	Common Stock	1.84K		Direct	F3, F4
transaction	ACCD	Restricted Stock Units	Options Exercise		-461	-25%		1.38K	16 Jun 2021	Common Stock	461		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") converted into one share of the Issuer's Common Stock.
F2	The Reporting Person is the trustee of the Thomas J. Neff Revocable Trust.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F4	The shares subject to this RSU shall vest at a rate of twenty-five percent of the total number of shares on each quarterly anniversary of March 1, 2021 (the "Vesting Commencement Date") for so long as the recipient of the RSU provides Continuous Service to the Issuer, such that the total number of shares shall be fully vested on the one-year anniversary of the Vesting Commencement Date.