Robert N. Cavanaugh - 29 Jun 2022 Form 4 Insider Report for Accolade, Inc.

Reporting relationship: President
Issuer ticker: N/A
Reported as of: 29 Jun 2022
Net transaction value: +$416,958
SEC form: 4
Accepted by SEC: 01 Jul 2022, 14:25:36 UTC
Prior SEC filing: 21 Jun 2022
Next SEC filing: 19 Jul 2022
Source filing: View source filing
Reporting owner signature: /s/ Richard Eskew, Attorney-in-Fact

Key filing fact

Robert N. Cavanaugh filed Form 4 for Accolade, Inc. on 01 Jul 2022.

Key facts

This page summarizes Robert N. Cavanaugh's Form 4 filing for Accolade, Inc..
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 01 Jul 2022, 14:25.

Change

Previous filing in this sequence was filed on 21 Jun 2022.
Current net transaction value: +$416,958.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACCD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 142,334
Date: 29 Jun 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACCD transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $416,958
Shares: +51,925
Change %
Price: $8.03
Shares after: 51,925
Date: 29 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 51,925
Exercise price: $8.03
Footnotes: F1

ACCD transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +25,575
Change %
Price
Shares after: 25,575
Date: 29 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,575
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares subject to this option shall vest at a rate of one-third of the total number of shares on the one-year anniversary of June 10, 2022 (the "June 2022 Vesting Commencement Date") and 1/36th of the total number of shares each monthly anniversary of the June 2022 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 three-year anniversary of the June 2022 Vesting Commencement Date.

Footnote F2

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote F3

The shares subject to this RSU shall vest at a rate of one-third of the total number of shares on the one-year anniversary of June 10, 2022 (the "June 2022 RSU Vesting Commencement Date") and 1/36th of the total number of shares each monthly anniversary of the June 2022 RSU 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 three-year anniversary of the June 2022 RSU Vesting Commencement Date.