THOMAS J. NEFF - 09 May 2022 Form 4 Insider Report for Accolade, Inc.

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 09 May 2022
Net transactions value: +$4,310
Form type: 4
Filing time: 11 May 2022, 08:51:24 UTC
Previous filing: 04 Apr 2022
Next filing: 27 May 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	$2,350	+500	+1.6%	$4.70	32,605	09 May 2022	Direct
transaction	ACCD	Common Stock	Options Exercise	$1,960	+417	+1.3%	$4.70	33,022	09 May 2022	Direct
holding	ACCD	Common Stock						3,518	09 May 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	-500	-100%	$0.000000^*	0	09 May 2022	Common Stock	500	$4.70	Direct	F2
transaction	ACCD	Stock Option (Right to Buy)	Options Exercise	$0	-417	-25%	$0.000000	1,246	09 May 2022	Common Stock	417	$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 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 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.