Chaim Indig - 14 Jan 2022 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
14 Jan 2022
Net transactions value
-$2,049,244
Form type
4
Filing time
19 Jan 2022, 17:04:37 UTC
Previous filing
11 Jan 2022
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHR Common Stock Award $0 +91,420 +8.1% $0.000000 1,219,225 14 Jan 2022 Direct F1, F2
transaction PHR Common Stock Tax liability $655,471 -18,438 -1.5% $35.55 1,200,787 15 Jan 2022 Direct F2, F3
transaction PHR Common Stock Tax liability $1,393,773 -39,206 -3.3% $35.55 1,161,581 17 Jan 2022 Direct F2, F3
holding PHR Common Stock 255,000 14 Jan 2022 Indig Dynasty Trust F4
* 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 vest 6.25% on each quarterly vesting date over four years, beginning on April 14, 2022.
F2 A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of RSUs and does not represent a sale by the Reporting Person.
F4 These shares are held by a family trust of which the Reporting Person's sister-in-law is the investment advisor and distribution advisor. Members of the Reporting Person's immediate family are the sole beneficiaries of such trust.