Thomas J. Neff - Jul 21, 2021 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Stock symbol: ACCD
Transactions as of: Jul 21, 2021
Transactions value $: $49,273
Form type: 4
Date filed: 7/23/2021, 12:41 PM
Previous filing: Jun 21, 2021
Next filing: Jul 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACCD	Common Stock	Options Exercise	$2.25K	+500	+2.61%	$4.50	19.6K	Jul 21, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$2.35K	+500	+2.55%	$4.70	20.1K	Jul 21, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$3.92K	+833	+4.14%	$4.70	21K	Jul 21, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$37.6K	+2.15K	+10.26%	$17.50	23.1K	Jul 21, 2021	Direct
transaction	ACCD	Common Stock	Options Exercise	$3.13K	+179	+0.77%	$17.50	23.3K	Jul 22, 2021	Direct
holding	ACCD	Common Stock						3.52K	Jul 21, 2021	By Thomas J. Neff Revocable Trust	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	-500	-66.67%	$0.00	250	Jul 21, 2021	Common Stock	500	$4.50	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-500	-16.67%	$0.00	2.5K	Jul 21, 2021	Common Stock	500	$4.70	Direct	F3
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-833	-13.34%	$0.00	5.41K	Jul 21, 2021	Common Stock	833	$4.70	Direct	F4
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-2.15K	-25%	$0.00	6.45K	Jul 21, 2021	Common Stock	2.15K	$17.50	Direct	F5
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-179	-2.78%	$0.00	6.27K	Jul 22, 2021	Common Stock	179	$17.50	Direct	F6

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is the trustee of the Thomas J. Neff Revocable Trust.
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 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.
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 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.
F4	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.
F5	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 20, 2020 (the "2020 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the 2020 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 2020 Vesting Commencement Date.
F6	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 20, 2020 (the "2020 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the 2020 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 2020 Vesting Commencement Date.