Filing Details
- Accession Number:
- 0001140361-17-025511
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-19 18:40:15
- Reporting Period:
- 2017-06-15
- Filing Date:
- 2017-06-19
- Accepted Time:
- 2017-06-19 18:40:15
- 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 |
|---|---|---|---|---|---|---|---|
| 1614838 | Stephen Neeleman | C/O Healthequity, Inc. 15 W. Scenic Pointe Dr., Ste. 100 Draper UT 84020 | Founder And Vice Chairman | Yes | Yes | 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 | Acquisiton | 2017-06-15 | 1,000 | $14.00 | 1,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-06-15 | 1,000 | $50.39 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-06-15 | 1,925 | $50.28 | 748,360 | No | 4 | S | Indirect | See footnote |
| Common Stock | Disposition | 2017-06-15 | 575 | $50.81 | 747,785 | No | 4 | S | Indirect | See footnote |
| Common Stock | Disposition | 2017-06-15 | 3,736 | $50.26 | 269,264 | No | 4 | S | Indirect | See footnote |
| Common Stock | Disposition | 2017-06-15 | 1,264 | $50.81 | 268,000 | No | 4 | S | Indirect | See footnotes |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
| No | 4 | S | Indirect | See footnotes |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Acquisiton | 2017-06-15 | 1,000 | $0.00 | 1,000 | $14.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 43,000 | 2024-07-30 | No | 4 | M | 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) | $41.28 | 2027-03-27 | 19,897 | 19,897 | Direct | |
| Common Stock | Stock Option (right to buy) | $1.25 | 2021-08-08 | 654 | 654 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-03-27 | 19,897 | 19,897 | Direct |
| 2021-08-08 | 654 | 654 | Direct |
Footnotes
- The option exercises and subsequent sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.97 to $50.94, 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 footnotes (2), (4), (6), (8) and (10) to this Form 4.
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Stephen and Christine Neeleman Trust on December 13, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.73 to $50.69, inclusive.
- Shares held of record by the Stephen and Christine Neeleman Trust.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.76 to $50.95, inclusive.
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company, on December 13, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.73 to $50.68, inclusive.
- Shares held of record by Family Holdings. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings 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 Family Holdings 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 $50.78 to $50.97, inclusive.
- The option is immediately exercisable.
- The option becomes exercisable in three annual installments of 4,974 shares on March 27, 2018, 2019, and 2020 and in one installment of 4,975 shares on March 27, 2021.
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