David Linetsky - Sep 12, 2022 Form 4 Insider Report for Phreesia, Inc. (PHR)

Signature
/s/ Allison Hoffman by Power of Attorney for David Linetsky
Stock symbol
PHR
Transactions as of
Sep 12, 2022
Transactions value $
-$18,273
Form type
4
Date filed
9/14/2022, 06:04 PM
Previous filing
Jul 15, 2022
Next filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHR Common Stock Award +1.59K +0.71% 226K Sep 12, 2022 Direct F1
transaction PHR Common Stock Tax liability -$18.3K -626 -0.28% $29.19 225K Sep 12, 2022 Direct F2
holding PHR Common Stock 5.68K Sep 12, 2022 By spouse

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
holding PHR Stock Option (Right to buy) 285 Sep 12, 2022 Common Stock 285 $4.71 By spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of 50% of the Reporting Person's cash bonus earned for the first half of the fiscal year ending January 31, 2023 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person elected to convert such portion of his earned cash bonus into RSUs representing 115% of such amount. The number of RSUs granted are based on a per share value of $29.19, the closing price of the Issuer's common stock on September 12, 2022.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of fully vested RSUs granted on September 12, 2022 and does not represent a sale by the Reporting Person.
F3 228 of the shares subject to this option are vested as of the date hereof, and the remaining shares will vest and become exercisable in two equal installments on September 25, 2022 and October 25, 2022.