Robert N. Cavanaugh - 28 Feb 2022 Form 5 Insider Report for Accolade, Inc. (ACCD)

Role: President
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: ACCD
Transactions as of: 28 Feb 2022
Transactions value $: $27,358
Form type: 5
Filing time: 01 Mar 2022, 12:38:50 UTC
Previous filing: 18 Oct 2021
Next filing: 21 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACCD	Common Stock	Award	$27.4K	+641	+0.47%	$42.68	137K	20 May 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the Accolade, Inc. 2020 Employee Stock Purchase Program ("ESPP"), for the ESPP purchase period of commencing on November 21, 2020 through May 20, 2021, which was the last day of the ESPP offering period (such period, the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period, and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the applicable Purchase Period, in each case rounded up to the nearest whole cent per share.

Content

The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the Accolade, Inc. 2020 Employee Stock Purchase Program ("ESPP"), for the ESPP purchase period of commencing on November 21, 2020 through May 20, 2021, which was the last day of the ESPP offering period (such period, the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period, and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the applicable Purchase Period, in each case rounded up to the nearest whole cent per share.