Colin McHugh - 02 Jan 2025 Form 4 Insider Report for Accolade, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jan 2025, 16:26:28 UTC
Prior SEC filing
04 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Eskew, Attorney-in-Fact

Key filing fact

Colin McHugh filed Form 4 for Accolade, Inc. on 06 Jan 2025.

Key facts

  • This page summarizes Colin McHugh's Form 4 filing for Accolade, Inc..
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Jan 2025, 16:26.

Change

  • Previous filing in this sequence was filed on 04 Dec 2024.
  • Current net transaction value: -$1,785.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACCD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+145
Change %
+0.24%
Price
$0.000000
Shares after
61,201
Date
02 Jan 2025
Ownership
Direct
Footnotes
F1
ACCD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,389
Change %
+2.3%
Price
$0.000000
Shares after
62,590
Date
02 Jan 2025
Ownership
Direct
Footnotes
F1
ACCD transaction

Common Stock

Sale

Transaction value
$1,785
Shares
-524
Change %
-0.84%
Price
$3.41
Shares after
62,066
Date
03 Jan 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACCD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-145
Change %
-17%
Price
Shares after
726
Date
02 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
145
Exercise price
Footnotes
F3, F4
ACCD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,389
Change %
-5.6%
Price
Shares after
23,612
Date
02 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,389
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each restricted stock unit ("RSU") converted into one share of Common Stock.

Footnote F2

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

Footnote F3

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote F4

The shares subject to this RSU shall vest at a rate of twenty-five percent of the total number of shares on the first anniversary of June 1, 2021 (the "June 2021 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the June 2021 Vesting Commencement Date thereafter for so long as the Reporting Person remains in service with the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the June 2021 Vesting Commencement Date.

Footnote F5

The Reporting Person was granted restricted stock units ("RSUs") on June 26, 2023 with a vesting commencement date of June 1, 2023 (the "Vesting Commencement Date"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest as follows: (a) one-third (1/3rd) of the RSUs will vest on the first anniversary of the Vesting Commencement Date (or June 1, 2024), and (b) then 1/36th of the RSUs will vest on each successive month following the first anniversary of the Vesting Commencement Date, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.

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