Michael W. Hilton - Mar 1, 2024 Form 4 Insider Report for Accolade, Inc. (ACCD)

Role
Director
Signature
/s/ Richard Eskew, Attorney-in-Fact
Stock symbol
ACCD
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 09:43 AM
Previous filing
Feb 21, 2024
Next filing
Mar 13, 2024

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 Award $0 +1.45K $0.00 1.45K Mar 1, 2024 Common Stock 1.45K Direct F1, F2, F3
* 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") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 As reported in the 8-K filed by the Issuer on February 16, 2023, the Reporting Person will become eligible to receive non-employee director compensation as of January 1, 2025. Accordingly, the number of RSUs granted to the Reporting Person represents the pro-rata portion of full fiscal year director compensation based on the amount of time during the Issuer's fiscal year for which the Reporting Person is eligible to receive compensation as a non-employee director.
F3 The shares subject to this RSU shall vest in full on February 28, 2025, so long as the recipient of the RSU provides Continuous Service to the Issuer.