Frank Corvino - Jun 23, 2021 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
Director
Signature
s/ Delano W. Ladd, attorney-in-fact
Stock symbol
HQY
Transactions as of
Jun 23, 2021
Transactions value $
-$675,837
Form type
4
Date filed
6/25/2021, 02:32 PM
Next filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Sale -$338K -4.07K -63.26% $83.09 2.37K Jun 23, 2021 Direct F1
transaction HQY Common Stock Sale -$8.37K -100 -4.23% $83.75 2.27K Jun 23, 2021 Direct F2
transaction HQY Common Stock Options Exercise $66.7K +4.76K +210.15% $14.00* 7.03K Jun 23, 2021 Direct
transaction HQY Common Stock Sale -$383K -4.61K -65.62% $83.08 2.42K Jun 23, 2021 Direct F3
transaction HQY Common Stock Sale -$12.6K -150 -6.21% $83.74 2.27K Jun 23, 2021 Direct F2

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 HQY Stock Option (right to buy) Options Exercise $0 -4.76K -56.89% $0.00 3.61K Jun 23, 2021 Common Stock 4.76K $14.00 Direct F4, F5
holding HQY Stock Option (right to buy) 6.48K Jun 23, 2021 Common Stock 6.48K $21.27 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.67 to $83.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1), (2), and (3) of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.72 to $83.77, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.68 to $83.63, inclusive.
F4 The option is immediately exercisable.
F5 Corrects an error in the number of stock options reported as beneficially owned in a previous Form 4 filing.

Remarks:

The Power of Attorney given by Mr. Corvino was previously filed with the U.S. Securities & Exchange Commission on February 3, 2017, as an exhibit to a statement on Form 4 filed by Mr. Corvino with respect to HealthEquity, Inc. and is hereby incorporated by reference.