Stephen Neeleman - 03 Apr 2023 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
FOUNDER AND VICE CHAIRMAN, Director
Signature
/s/ Steve Neeleman
Issuer symbol
HQY
Transactions as of
03 Apr 2023
Transactions value $
-$361,138
Form type
4
Filing time
05 Apr 2023, 16:39:57 UTC
Previous filing
31 Mar 2023
Next filing
07 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Tax liability -$256K -4.43K -5.55% $57.70 75.4K 03 Apr 2023 Direct
transaction HQY Common Stock Tax liability -$106K -1.89K -2.5% $55.99 73.5K 04 Apr 2023 Direct F1
holding HQY Common Stock 203K 03 Apr 2023 See footnote F2
holding HQY Common Stock 569K 03 Apr 2023 See footnote F3

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
holding HQY Stock Option (right to buy) 140K 03 Apr 2023 Common Stock 140K $14.00 Direct F4
holding HQY Stock Option (right to buy) 19.9K 03 Apr 2023 Common Stock 19.9K $41.28 Direct F4
holding HQY Stock Options (right to buy) 14.2K 03 Apr 2023 Common Stock 14.2K $61.72 Direct F4
holding HQY Stock Options (right to buy) 15.3K 03 Apr 2023 Common Stock 15.3K $73.61 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.9854 to $55.9855, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) of this Form 4.
F2 Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Family Holdings for any other purposes.
F3 Shares held of record by the Stephen and Christine Neeleman Trust.
F4 The option is immediately exercisable.