Michael W. Hilton - Jun 29, 2022 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role
Chief Product Officer
Signature
/s/ Richard Eskew, Attorney-in-Fact
Stock symbol
ACCD
Transactions as of
Jun 29, 2022
Transactions value $
$107,602
Form type
4
Date filed
7/1/2022, 02:29 PM
Previous filing
Jun 21, 2022
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACCD Common Stock 195K Jun 29, 2022 By Hilton Family Trust F1
holding ACCD Common Stock 128K Jun 29, 2022 Direct

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) Award $108K +13.4K $8.03 13.4K Jun 29, 2022 Common Stock 13.4K $8.03 Direct F2
transaction ACCD Restricted Stock Units Award +6.6K 6.6K Jun 29, 2022 Common Stock 6.6K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a trustee of the Hilton Family Trust and has voting and investment power with respect to the securities held by the Hilton Family Trust.
F2 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.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F4 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.