RAJEEV SINGH - 17 May 2023 Form 4 Insider Report for Accolade, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 17 May 2023
Net transactions value: +$1,829,096
Form type: 4
Filing time: 19 May 2023, 11:45:22 UTC
Previous filing: 18 May 2023
Next filing: 23 May 2023
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	$264,298	+27,531	+18%	$9.60	184,104	17 May 2023	Direct
transaction	ACCD	Common Stock	Options Exercise	$1,564,798	+372,571	+202%	$4.20	556,675	17 May 2023	Direct
holding	ACCD	Common Stock						651,619	17 May 2023	By Avanti Holdings, LLC	F1

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)	Options Exercise	$0	-27,531	-5.2%	$0.000000	504,469	17 May 2023	Common Stock	27,531	$9.60	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-372,571	-24%	$0.000000	1,179,809	17 May 2023	Common Stock	372,571	$4.20	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is a partner of Avanti Holdings, LLC and has voting and investment power with respect to the securities held by Avanti Holdings, LLC.
F2	The shares subject to this option shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of June 25, 2019 (the "June 2019 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the June 2019 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the June 2019 Vesting Commencement Date.
F3	The shares subject to this option shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of October 30, 2015 (the "October 2015 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the October 2015 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the October 2015 Vesting Commencement Date.