William H. Frist - Jun 16, 2021 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Stock symbol: ACCD
Transactions as of: Jun 16, 2021
Transactions value $: $4,255
Form type: 4
Date filed: 6/21/2021, 10:38 AM
Previous filing: May 18, 2021
Next filing: Aug 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACCD	Common Stock	Options Exercise	$1.13K	+250	+0.08%	$4.50	302K	Jun 16, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$1.18K	+250	+0.08%	$4.70	302K	Jun 16, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$1.96K	+416	+0.14%	$4.70	303K	Jun 16, 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	-250	-33.33%	$0.00	500	Jun 16, 2021	Common Stock	250	$4.50	Direct	F1
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-250	-8.33%	$0.00	2.75K	Jun 16, 2021	Common Stock	250	$4.70	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-416	-6.66%	$0.00	5.83K	Jun 16, 2021	Common Stock	416	$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.