Filing Details
- Accession Number:
- 0001127602-23-017006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-30 13:39:56
- Reporting Period:
- 2023-05-25
- Accepted Time:
- 2023-05-30 13:39:56
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1481646 | Accolade Inc. | ACCD | () | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1079179 | W Michael Hilton | C/O Accolade, Inc. Seattle WA 98101 | 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 | Acquisiton | 2023-05-25 | 2,262 | $0.00 | 139,650 | No | 4 | M | Direct | |
Common Stock | Disposition | 2023-05-26 | 505 | $11.38 | 139,145 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 195,042 | Indirect | By Hilton Family Trust |
Footnotes
- The Reporting Person is a trustee of the Hilton Family Trust and has voting and investment power with respect to the securities held by the Hilton Family Trust.
- Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted to the Reporting Person. Each PRSU converted into one share of the Issuer's common stock. The vesting and distribution of the PRSUs will occur in five (5) roughly equal installments commencing on May 19, 2023 with a total of 11,309 shares vesting.
- 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 PRSUs. 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.