Stephen Neeleman - 01 Apr 2022 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
Founder and Vice Chairman, Director
Signature
/s/ STEPHEN NEELEMAN
Issuer symbol
HQY
Transactions as of
01 Apr 2022
Net transactions value
-$232,243
Form type
4
Filing time
05 Apr 2022, 17:28:32 UTC
Previous filing
01 Apr 2022
Next filing
09 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Tax liability $232,243 -3,434 -6.2% $67.63 51,768 01 Apr 2022 Direct F1
holding HQY Common Stock 575,735 01 Apr 2022 See footnote F2
holding HQY Common Stock 203,000 01 Apr 2022 See footnote F3

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) 140,000 01 Apr 2022 Common Stock 140,000 $14.00 Direct F4
holding HQY Stock Option (right to buy) 19,897 01 Apr 2022 Common Stock 19,897 $41.28 Direct F4
holding HQY Stock Option (right to buy) 14,228 01 Apr 2022 Common Stock 14,228 $61.72 Direct F4
holding HQY Stock Option (right to buy) 15,337 01 Apr 2022 Common Stock 15,337 $73.61 Direct F5
* 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 Shares held of record by the Stephen and Christine Neeleman Trust.
F3 Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Family Holdings for any other purposes.
F4 The option is immediately exercisable.
F5 The option is exercisable as to 10,603 shares. The remaining 3,384 options vest on March 27, 2023.