Frank Corvino - 22 Sep 2023 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
Director
Signature
/s/ Del Ladd, Attorney-in-Fact
Issuer symbol
HQY
Transactions as of
22 Sep 2023
Net transactions value
-$315,411
Form type
4
Filing time
26 Sep 2023, 17:08:57 UTC
Previous filing
26 Jun 2023
Next filing
09 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Options Exercise $50,512 +3,608 +41% $14.00* 12,356 22 Sep 2023 Direct
transaction HQY Common Stock Sale $260,830 -3,608 -29% $72.29 8,748 22 Sep 2023 Direct F1
transaction HQY Common Stock Sale $105,094 -1,455 -17% $72.23 7,293 22 Sep 2023 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 -3,608 -100% $0.000000* 0 22 Sep 2023 Common Stock 3,608 $14.00 Direct F3
holding HQY Stock Option (right to buy) 6,482 22 Sep 2023 Common Stock 6,482 $21.27 Direct F3
* 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 $72.27 to $72.37, 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 ranges set forth in footnotes (1) and (2) 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 $72.21 to $72.25 inclusive.
F3 The option is immediately exercisable.

Remarks:

The Power of Attorney given by Mr. Corvino was previously filed with the U.S. Securities and Exchange Commission on June 26, 2023, as an exhibit to a statement on Form 4 filed by Mr. Corvino with respect to HealthEquity, Inc. and is hereby incorporated by reference.