Frank Corvino - Jul 8, 2024 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role: Former Director
Signature: /s/ Delano Ladd, Attorney-in-Fact
Stock symbol: HQY
Transactions as of: Jul 8, 2024
Transactions value $: -$493,060
Form type: 4
Date filed: 7/9/2024, 03:33 PM
Previous filing: Sep 26, 2023
Next filing: Oct 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HQY	Common Stock	Sale	-$100K	-1.22K	-16.77%	$81.85	6.07K	Jul 8, 2024	Direct
transaction	HQY	Common Stock	Options Exercise	$138K	+6.48K	+106.79%	$21.27	12.6K	Jul 8, 2024	Direct
transaction	HQY	Common Stock	Sale	-$531K	-6.48K	-51.64%	$81.89	6.07K	Jul 8, 2024	Direct	F1

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	-6.48K	-100%	$0.00^*	0	Jul 8, 2024	Common Stock	6.48K	$21.27	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frank Corvino is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $81.89 to $81.98, 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 footnote (1) of this Form 4.
F2	The option is immediately exercisable.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.89 to $81.98, 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 footnote (1) of this Form 4.

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.