THOMAS J. NEFF - 07 May 2021 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: ACCD
Transactions as of: 07 May 2021
Net transactions value: +$8,520
Form type: 4
Filing time: 10 May 2021, 15:46:48 UTC
Next filing: 21 Jun 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	$2,250	+500	+3%	$4.50	17,332	07 May 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$2,350	+500	+2.9%	$4.70	17,832	07 May 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$940	+200	+1.1%	$4.70	18,032	07 May 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$2,980	+634	+3.5%	$4.70	18,666	07 May 2021	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)	Options Exercise	$0	-500	-40%	$0.000000	750	07 May 2021	Common Stock	500	$4.50	Direct	F1
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-500	-14%	$0.000000	3,000	07 May 2021	Common Stock	500	$4.70	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-634	-9%	$0.000000	6,446	07 May 2021	Common Stock	634	$4.70	Direct	F3
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-200	-3.1%	$0.000000	6,246	07 May 2021	Common Stock	200	$4.70	Direct	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 twenty-five percent of the total number of shares on the one-year anniversary of July 26, 2017 (the "July 2017 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the July 2017 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 July 2017 Vesting Commencement Date.
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 May 3, 2018 (the "May 2018 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the May 2018 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 May 2018 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 July 26, 2018 (the "July 2018 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the July 2018 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 July 2018 Vesting Commencement Date.