Key facts
- This page summarizes Robert N. Cavanaugh's Form 4 filing for Accolade, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jun 2022, 12:02.
Robert N. Cavanaugh - 16 Jun 2022 Form 4 Insider Report for Accolade, Inc.
- Reporting relationship
- President
- Issuer ticker
- N/A
- Reported as of
- 16 Jun 2022
- Net transaction value
- -$9,955
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2022, 12:02:02 UTC
- Prior SEC filing
- 01 Mar 2022
- Next SEC filing
- 01 Jul 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Richard Eskew, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert N. Cavanaugh filed Form 4 for Accolade, Inc. on 21 Jun 2022.
Change
- Previous filing in this sequence was filed on 01 Mar 2022.
- Current net transaction value: -$9,955.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACCD
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +6,119
- Change %
- +4.4%
- Price
- Shares after
- 144,093
- Date
- 16 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
ACCD
transaction
Common Stock
Sale
- Transaction value
- $9,955
- Shares
- -1,759
- Change %
- -1.2%
- Price
- $5.66
- Shares after
- 142,334
- Date
- 17 Jun 2022
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACCD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,119
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 18,359
- Date
- 16 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,119
- Exercise price
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vested on June 16, 2022, and additional RSUs will vest monthly thereafter provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
Footnote F2
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Footnote F3
Includes 867 shares acquired under the Issuer's 2020 Employee Stock Purchase Plan on May 20, 2022.
Footnote F4
Each RSU converted into one share of the Issuer's Common Stock.
Footnote F5
The shares subject to this RSU shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of June 16, 2021 (the "June 2021 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the June 2021 Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the June 2021 Vesting Commencement Date.