Filing Details

Accession Number:
0001127602-24-015964
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-20 13:43:00
Reporting Period:
2024-05-16
Accepted Time:
2024-05-20 13:43:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1481646 Accolade Inc. ACCD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1453957 N Robert Cavanaugh
C/O Accolade, Inc.
Seattle WA 98101
President No 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 2024-05-16 510 $0.00 173,481 No 4 M Direct
Common Stock Disposition 2024-05-17 154 $7.27 173,327 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Restricted Stock Units Disposition 2024-05-16 510 $0.00 510 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,630 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.
  2. 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.
  3. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
  4. The shares subject to this RSU shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of June 16, 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 provides continuous service to 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.