Filing Details
- Accession Number:
- 0001140361-15-035243
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-09-16 20:46:19
- Reporting Period:
- 2015-09-14
- Filing Date:
- 2015-09-16
- Accepted Time:
- 2015-09-16 20:46:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1428336 | Healthequity Inc | HQY | Services-Business Services, Nec (7389) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1536118 | O Michael Leavitt | C/O Healthequity, Inc. 15 W. Scenic Pointe Dr., Ste. 100 Draper UT 84020 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2015-04-08 | 154,000 | $0.00 | 201,000 | No | 5 | J | Indirect | See footnote |
| Common Stock | Disposition | 2015-09-14 | 41,297 | $30.57 | 159,703 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | J | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 30,000 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | $25.39 | 2025-03-26 | 15,000 | 15,000 | Direct | |
| Common Stock | Stock Option (right to buy) | $14.00 | 2015-01-31 | 2024-07-30 | 15,000 | 15,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-03-26 | 15,000 | 15,000 | Direct |
| 2024-07-30 | 15,000 | 15,000 | Direct |
Footnotes
- The reporting person did not sell any shares of common stock of the issuer on April 8, 2015. In a prior report, the reporting person reported indirect beneficial ownership of 355,000 shares of common stock of the issuer held by Leavitt Partners, LLC, a Utah limited liability company ("Leavitt Partners"). Subsequent to the prior report, Leavitt Partners effected a pro rata distribution of the 355,000 shares of the issuer held by Leavitt Partners to its members (the "Distribution"). In connection with the Distribution, on April 8, 2015, 201,000 shares of the issuer were distributed to Third Chapter, Inc. ("Third Chapter"), an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of the shares held by Third Chapter except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Third Chapter for any other purposes.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.43 to $30.77, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- The option became exercisable as to 7,500 shares upon the reporting person's reelection to the issuer's board of directors at the issuer's 2015 Annual Meeting of Stockholders held on June 24, 2015. The remaining 7,500 shares will become exercisable on January 31, 2016; provided, that the reporting person continues to serve as a director of the issuer through such date.
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