THOMAS J. NEFF - 17 Feb 2022 Form 4 Insider Report for Accolade, Inc.

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 17 Feb 2022
Net transactions value: +$4,308
Form type: 4
Filing time: 22 Feb 2022, 12:22:50 UTC
Previous filing: 01 Feb 2022
Next filing: 01 Mar 2022
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	$1,175	+250	+0.84%	$4.70	30,024	17 Feb 2022	Direct
transaction	ACCD	Common Stock	Options Exercise	$3,132	+179	+0.6%	$17.50	30,203	17 Feb 2022	Direct
holding	ACCD	Common Stock						3,518	17 Feb 2022	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	-250	-25%	$0.000000	750	17 Feb 2022	Common Stock	250	$4.70	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-179	-3.3%	$0.000000	5,196	17 Feb 2022	Common Stock	179	$17.50	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 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 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 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.