| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HQY | Common Stock | Sale | -$97.5K | -1.62K | -20.92% | $60.12 | 6.13K | Jun 26, 2023 | by Jon Kessler and Laura M. Gottsman Family Trust | F1, F2, F3, F4 |
| transaction | HQY | Common Stock | Sale | -$617K | -10.3K | -20.92% | $60.12 | 38.8K | Jun 26, 2023 | by Team Gracie Trust | F1, F2, F5 |
| transaction | HQY | Common Stock | Sale | -$464K | -7.71K | -20.92% | $60.12 | 29.1K | Jun 26, 2023 | by Team Bear Trust | F1, F2, F6 |
| transaction | HQY | Common Stock | Sale | -$80.1K | -1.32K | -21.47% | $60.87 | 4.81K | Jun 27, 2023 | by Jon Kessler and Laura M. Gottsman Family Trust | F1, F3, F7 |
| transaction | HQY | Common Stock | Sale | -$57.3K | -938 | -19.49% | $61.10 | 3.88K | Jun 27, 2023 | by Jon Kessler and Laura M. Gottsman Family Trust | F1, F3, F8 |
| transaction | HQY | Common Stock | Sale | -$486K | -7.98K | -20.59% | $60.86 | 30.8K | Jun 27, 2023 | by Team Gracie Trust | F1, F5, F7 |
| transaction | HQY | Common Stock | Sale | -$383K | -6.28K | -20.38% | $61.09 | 24.5K | Jun 27, 2023 | by Team Gracie Trust | F1, F5, F9 |
| transaction | HQY | Common Stock | Sale | -$360K | -5.91K | -20.28% | $60.86 | 23.2K | Jun 27, 2023 | by Team Bear Trust | F1, F6, F7 |
| transaction | HQY | Common Stock | Sale | -$294K | -4.81K | -20.69% | $61.09 | 18.4K | Jun 27, 2023 | by Team Bear Trust | F1, F6, F9 |
| holding | HQY | Common Stock | 214K | Jun 26, 2023 | Direct | F4 | |||||
| holding | HQY | Common Stock | 100K | Jun 26, 2023 | by GKF, LLC | F10 |
| 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 | Jun 26, 2023 | Common Stock | 34.8K | $41.28 | by GKF, LLC | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 23.9K | Jun 26, 2023 | Common Stock | 23.9K | $61.72 | by GKF, LLC | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 12.8K | Jun 26, 2023 | Common Stock | 12.8K | $73.61 | by GKF, LLC | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 60K | Jun 26, 2023 | Common Stock | 60K | $14.00 | by GKF, LLC | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 17.4K | Jun 26, 2023 | Common Stock | 17.4K | $41.28 | Direct | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 23.9K | Jun 26, 2023 | Common Stock | 23.9K | $61.72 | Direct | F11 | |||||
| holding | HQY | Stock Option (right to buy) | 38.3K | Jun 26, 2023 | Common Stock | 38.3K | $73.61 | Direct | F11 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2023. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.56, 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 footnote (2) of this Form 4. |
| F3 | These securities are held by the Jon Kessler and Laura M. Gottsman Family Trust, a revocable trust in which the Reporting Person and his Spouse are co-trustees, and the Reporting Person and members of his immediate family are the sole beneficiaries. |
| F4 | The Reporting Person previously reported 7,750 shares held by the Jon Kessler and Laura M. Gottsman Family Trust as shares held directly by the Reporting Person. This report corrects such previous report to reflect that such shares are beneficially owned indirectly by the Reporting Person. |
| F5 | These securities are held by the Team 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. |
| F6 | These securities are held by the Team 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. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.01 to $60.99, 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 footnote (7) of this Form 4. |
| F8 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.24, 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 footnote (8) of this Form 4. |
| F9 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.265, 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 footnote (9) of this Form 4. |
| F10 | 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. |
| F11 | The option is immediately exercisable. |