Mark Douglas Smith - Jul 8, 2021 Form 4 Insider Report for Phreesia, Inc. (PHR)

Role
Director
Signature
/s/ Allison Hoffman, as Attorney-in-Fact for Mark Douglas Smith
Stock symbol
PHR
Transactions as of
Jul 8, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 04:30 PM
Previous filing
May 18, 2021
Next filing
Aug 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHR Common Stock Award $0 +2.61K +42.64% $0.00 8.72K Jul 8, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in full upon the earlier of (i) July 8, 2022, and (ii) the next annual meeting of the Issuer's stockholders. Director has elected to defer this grant pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. Director shall receive underlying common stock on the earlier of (i) 90 days after Director ceases to serve as a member of the Board of Directors of the Issuer and incurs a "separation from service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder or (ii) five years from the date of grant of the deferred RSUs.
F2 This amount includes RSUs. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Remarks:

Exhibit 24 - Power of Attorney