Jon Kessler - Apr 1, 2022 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
President and CEO, Director
Signature
/s/ Jon Kessler
Stock symbol
HQY
Transactions as of
Apr 1, 2022
Transactions value $
-$924,305
Form type
4
Date filed
4/5/2022, 03:29 PM
Previous filing
Apr 1, 2022
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Tax liability -$924K -13.7K -7.21% $67.63 176K Apr 1, 2022 Direct F1
holding HQY Common Stock 49K Apr 1, 2022 by Team Gracie Trust F2
holding HQY Common Stock 36.9K Apr 1, 2022 by Team Bear Trust F3
holding HQY Common Stock 100K Apr 1, 2022 by GKF, LLC F4

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
holding HQY Stock Option (right to buy) 34.8K Apr 1, 2022 Common Stock 34.8K $41.28 by GKF, LLC F5
holding HQY Stock Option (right to buy) 23.9K Apr 1, 2022 Common Stock 23.9K $61.72 by GKF, LLC F5
holding HQY Stock Option (right to buy) 12.8K Apr 1, 2022 Common Stock 12.8K $73.61 by GKF, LLC F5
holding HQY Stock Option (right to buy) 60K Apr 1, 2022 Common Stock 60K $14.00 by GKF, LLC F5
holding HQY Stock Option (right to buy) 17.4K Apr 1, 2022 Common Stock 17.4K $41.28 Direct F5
holding HQY Stock Option (right to buy) 23.9K Apr 1, 2022 Common Stock 23.9K $61.72 Direct F5
holding HQY Stock Option (right to buy) 38.3K Apr 1, 2022 Common Stock 38.3K $73.61 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Corrects an overstatement of shares held by the reporting person in the reporting person's most recent Form 4.
F2 These securities are held by the Gracie Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 These securities are held by the Bear Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 These securities are held by the GKF, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5 The option is immediately exercisable.
F6 The option is exercisable as to 25,562 shares. The remaining 12,781 options become exercisable on March 26 2023.