Rajeev Singh - 02 Aug 2022 Form 4/A - Amendment Insider Report for Accolade, Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Richard Eskew, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Aug 2022
Net transactions value
+$512,221
Form type
4/A - Amendment
Filing time
04 Aug 2022, 15:51:48 UTC
Date Of Original Report
03 Aug 2022
Previous filing
19 Jul 2022
Next filing
18 Aug 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 Purchase $176,530 +17,500 +13% $10.09 149,697 02 Aug 2022 Direct F1, F2
transaction ACCD Common Stock Options Exercise $82,250 +17,500 +15% $4.70 132,197 02 Aug 2022 Direct
transaction ACCD Common Stock Options Exercise $200,004 +47,620 +86% $4.20 102,822 02 Aug 2022 Direct
transaction ACCD Common Stock Options Exercise $53,438 +11,875 +12% $4.50 114,697 02 Aug 2022 Direct
holding ACCD Common Stock 651,619 02 Aug 2022 By Avanti Holdings, LLC F3

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 -47,620 -3% $0.000000 1,552,380 02 Aug 2022 Common Stock 47,620 $4.20 Direct F4
transaction ACCD Stock Option (Right to Buy) Options Exercise $0 -11,875 -40% $0.000000 18,125 02 Aug 2022 Common Stock 11,875 $4.50 Direct F5
transaction ACCD Stock Option (Right to Buy) Options Exercise $0 -17,500 -58% $0.000000 12,500 02 Aug 2022 Common Stock 17,500 $4.70 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on August 3, 2022, is being amended by this Form 4/A solely to correct a typographical error, which in footnote 1 of the original Form 4 referred to "sale" prices when in fact the Reporting Person made stock purchases. This has been corrected in footnote 2 below in this Form 4/A reporting the price range for the purchases reflected herein.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices within the range of $9.9600 to $10.1500, inclusive. The Reporting Person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range(s) set forth in this footnote of this Form 4.
F3 The Reporting Person is a partner of Avanti Holdings, LLC and has voting and investment power with respect to the securities held by Avanti Holdings, LLC.
F4 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 October 30, 2015 (the "October 2015 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the October 2015 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 October 2015 Vesting Commencement Date.
F5 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, 2017 (the "July 2017 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the July 2017 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 2017 Vesting Commencement Date.
F6 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 April 1, 2018 (the "April 2018 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the April 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 April 2018 Vesting Commencement Date.