Robert N. Cavanaugh - 17 Aug 2023 Form 4 Insider Report for Accolade, Inc.

Source evidence 5 source fields
Form type
4
Accepted by SEC
21 Aug 2023, 09:59:53 UTC
Previous filing
14 Aug 2023
Next filing
13 Sep 2023
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Eskew, Attorney-in-Fact

Key filing fact

Robert N. Cavanaugh filed Form 4 for Accolade, Inc. on 21 Aug 2023.

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 Aug 2023, 09:59.

Change

  • Previous filing in this sequence was filed on 14 Aug 2023.
  • Current net transaction value: -$2,046.

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.

See Original Filing

Reported non-derivative transactions

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

ACCD transaction

Common Stock

Options Exercise

Transaction value
Shares
+510
Change %
+0.31%
Price
Shares after
165,686
Date
17 Aug 2023
Ownership
Direct
Footnotes
F1
ACCD transaction

Common Stock

Sale

Transaction value
$2,046
Shares
-157
Change %
-0.09%
Price
$13.03
Shares after
165,529
Date
18 Aug 2023
Ownership
Direct
Footnotes
F2

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
Shares
-510
Change %
-4.3%
Price
Shares after
11,220
Date
17 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
510
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.

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

Each RSU converted into one share of the Issuer's Common Stock.

Footnote F4

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.

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