Rajeev Singh - Nov 2, 2023 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role
Chief Executive Officer, Director
Signature
/s/ Richard Eskew, Attorney-in-Fact
Stock symbol
ACCD
Transactions as of
Nov 2, 2023
Transactions value $
$630,000
Form type
4
Date filed
11/6/2023, 12:38 PM
Previous filing
Oct 18, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACCD Common Stock Options Exercise $630K +150K +25.5% $4.20 738K Nov 2, 2023 Direct
holding ACCD Common Stock 652K Nov 2, 2023 By Avanti Holdings, LLC F1

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 -150K -12.71% $0.00 1.03M Nov 2, 2023 Common Stock 150K $4.20 Direct F2
* 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 partner of Avanti Holdings, LLC and has voting and investment power with respect to the securities held by Avanti Holdings, LLC.
F2 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.