Robert N. Cavanaugh - 29 Jun 2022 Form 4 Insider Report for Accolade, Inc.

Role
President
Signature
/s/ Richard Eskew, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
29 Jun 2022
Net transactions value
+$416,958
Form type
4
Filing time
01 Jul 2022, 14:25:36 UTC
Previous filing
21 Jun 2022
Next filing
19 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACCD Common Stock 142,334 29 Jun 2022 Direct

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 Stock Option (Right to Buy) Award $416,958 +51,925 $8.03 51,925 29 Jun 2022 Common Stock 51,925 $8.03 Direct F1
transaction ACCD Restricted Stock Units Award +25,575 25,575 29 Jun 2022 Common Stock 25,575 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option shall vest at a rate of one-third of the total number of shares on the one-year anniversary of June 10, 2022 (the "June 2022 Vesting Commencement Date") and 1/36th of the total number of shares each monthly anniversary of the June 2022 Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the three-year anniversary of the June 2022 Vesting Commencement Date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 The shares subject to this RSU shall vest at a rate of one-third of the total number of shares on the one-year anniversary of June 10, 2022 (the "June 2022 RSU Vesting Commencement Date") and 1/36th of the total number of shares each monthly anniversary of the June 2022 RSU Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the three-year anniversary of the June 2022 RSU Vesting Commencement Date.