Yvonne Hui - 15 Jul 2024 Form 4 Insider Report for Phreesia, Inc. (PHR)

Role: Principal Accounting Officer
Signature: /s/ Allison Hoffman as Attorney-in-Fact for Yvonne Hui
Issuer symbol: PHR
Transactions as of: 15 Jul 2024
Net transactions value: +$289,943
Form type: 4
Filing time: 17 Jul 2024, 17:29:09 UTC
Previous filing: 02 Jul 2024
Next filing: 10 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PHR	Common Stock	Award	$296,660	+13,000	+81%	$22.82	28,997	15 Jul 2024	Direct	F1
transaction	PHR	Common Stock	Sale	$6,717	-283	-0.98%	$23.74	28,714	16 Jul 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The shares reported in this transaction represent restricted stock units ("RSUs") issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs vest as follows: 10% of the RSUs shall vest on July 15, 2025, 20% of the RSUs shall vest on July 15, 2026, 30% of the RSUs shall vest on July 15, 2027 and 40% of the RSUs shall vest on July 15, 2028, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F2	These shares were disposed of in non-discretionary transactions pursuant to the Issuer's mandatory sell-to-cover policy to cover the reporting person's tax withholding obligations in connection with the settlement of an award of RSUs.

Content

The shares reported in this transaction represent restricted stock units ("RSUs") issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs vest as follows: 10% of the RSUs shall vest on July 15, 2025, 20% of the RSUs shall vest on July 15, 2026, 30% of the RSUs shall vest on July 15, 2027 and 40% of the RSUs shall vest on July 15, 2028, subject to the Reporting Person's continued service to the Issuer through each vesting date.

These shares were disposed of in non-discretionary transactions pursuant to the Issuer's mandatory sell-to-cover policy to cover the reporting person's tax withholding obligations in connection with the settlement of an award of RSUs.