Chaim Indig - 05 Aug 2021 Form 4 Insider Report for Phreesia, Inc. (PHR)

Role: Chief Executive Officer, Director
Signature: /s/ Allison Hoffman by Power of Attorney for Chaim Indig
Issuer symbol: PHR
Transactions as of: 05 Aug 2021
Transactions value $: -$1,952,827
Form type: 4
Filing time: 09 Aug 2021, 16:08:06
Previous filing: 02 Aug 2021
Next filing: 27 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PHR	Common Stock	Options Exercise	$132K	+28.1K	+2.25%	$4.71^*	1.28M	05 Aug 2021	Direct	F1, F2
transaction	PHR	Common Stock	Sale	-$1.98M	-28.1K	-2.2%	$70.27	1.25M	05 Aug 2021	Direct	F1, F2, F3
transaction	PHR	Common Stock	Options Exercise	$7.82K	+1.66K	+0.13%	$4.71^*	1.25M	06 Aug 2021	Direct	F1, F2
transaction	PHR	Common Stock	Sale	-$117K	-1.66K	-0.13%	$70.53	1.25M	06 Aug 2021	Direct	F1, F2, F4

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	PHR	Stock Option (Right to Buy)	Options Exercise	$0	-28.1K	-13.3%	$0.00	183K	05 Aug 2021	Common Stock	28.1K	$4.71	Direct	F1, F5
transaction	PHR	Stock Option (Right to Buy)	Options Exercise	$0	-1.66K	-0.91%	$0.00	182K	06 Aug 2021	Common Stock	1.66K	$4.71	Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2	A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.79 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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 this footnote.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.20 to $70.80 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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 this footnote.
F5	25% of this option vested and became exercisable on January 31, 2019, with the remainder vesting in thirty-six (36) equal monthly installments thereafter.