THOMAS J. NEFF - 21 Jul 2022 Form 4 Insider Report for Accolade, Inc.

Role: Director
Signature: /s/ Richard Eskew, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 21 Jul 2022
Net transactions value: +$25,713
Form type: 4
Filing time: 25 Jul 2022, 10:35:42 UTC
Previous filing: 05 Jul 2022
Next filing: 27 Jul 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	$25,713	+2,659	+7.6%	$9.67	37,721	21 Jul 2022	Direct	F1
holding	ACCD	Common Stock						3,518	21 Jul 2022	By Thomas J. Neff Revocable Trust	F2

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	Restricted Stock Units	Options Exercise		-2,659	-100%		0	21 Jul 2022	Common Stock	2,659		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") converted into one share of the Issuer's Common Stock.
F2	The Reporting Person is the trustee of the Thomas J. Neff Revocable Trust.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F4	The shares subject to the RSU will vest on the earlier of (i) the date of the following annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the director not standing for re-election) or (ii) the one year anniversary measured from the date of grant, each subject to continued service as a director through each applicable vesting date.