Filing Details
- Accession Number:
- 0001127602-24-001233
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-11 18:14:11
- Reporting Period:
- 2024-01-09
- Accepted Time:
- 2024-01-11 18:14:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1219071 | Rajeev Singh | C/O Accolade, Inc. Seattle WA 98101 | Chief Executive Officer | 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 | Disposition | 2024-01-09 | 36,199 | $15.00 | 705,083 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-01-09 | 36,199 | $4.20 | 741,282 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-01-10 | 67,271 | $4.20 | 808,553 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-01-10 | 67,271 | $15.03 | 741,282 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-01-09 | 36,199 | $0.00 | 36,199 | $4.20 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2024-01-10 | 67,271 | $0.00 | 67,271 | $4.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 993,610 | 2025-10-30 | No | 4 | M | Direct | |
| 926,339 | 2025-10-30 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 651,619 | Indirect | By Avanti Holdings, LLC |
Footnotes
- The Reporting Person is a partner of Avanti Holdings, LLC and has voting and investment power with respect to the securities held by Avanti Holdings, LLC.
- These stock option exercises and related sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 20, 2023.
- This sale price represents a weighted average price. These shares were sold in multiple transactions at prices within the range of $15.00 to $15.03. The Reporting Person undertakes to provide to 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 range(s) set forth in this footnote of this Form 4.
- This sale price represents a weighted average price. These shares were sold in multiple transactions at prices within the range of $15.00 to $15.29. The Reporting Person undertakes to provide to 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 range(s) set forth in this footnote of this Form 4.
- The shares subject to this option shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of October 30, 2015 (the "October 2015 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the October 2015 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the October 2015 Vesting Commencement Date.
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