Randy Rasmussen - Jan 14, 2022 Form 4 Insider Report for Phreesia, Inc. (PHR)

Signature
/s/ Allison Hoffman by Power of Attorney for Randy Rasmussen
Stock symbol
PHR
Transactions as of
Jan 14, 2022
Transactions value $
-$30,182
Form type
4
Date filed
1/19/2022, 05:09 PM
Previous filing
Jan 5, 2022
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHR Common Stock Award $0 +53.4K +69.12% $0.00 131K Jan 14, 2022 Direct F1, F2
transaction PHR Common Stock Tax liability -$30.2K -849 -0.65% $35.55 130K Jan 15, 2022 Direct F2, F3
* 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.