Evan Roberts - Apr 5, 2024 Form 4 Insider Report for Phreesia, Inc. (PHR)

Signature
Alexis Lyons, as Attorney-in-Fact for Evan Roberts
Stock symbol
PHR
Transactions as of
Apr 5, 2024
Transactions value $
$0
Form type
4
Date filed
4/9/2024, 07:30 PM
Previous filing
Mar 25, 2024
Next filing
Apr 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHR Common Stock Award +12.2K +1.68% 741K Apr 5, 2024 Direct F1
* 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 the Reporting Person's cash bonus earned for the fiscal year ended January 31, 2024 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount. The number of RSUs granted are based on a per share value of $21.79, the closing price of the Issuer's common stock on April 5, 2024. The shares underlying the RSUs (excluding shares that are sold in non-discretionary transactions to cover applicable tax obligations) must be held by the Reporting Person until the earlier of (i) the one-year anniversary of the grant date or (ii) a Sale Event (as defined in the Issuer's 2019 Stock Option and Incentive Plan).