Filing Details
- Accession Number:
- 0001209191-20-041789
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-07-08 17:33:59
- Reporting Period:
- 2020-07-07
- Accepted Time:
- 2020-07-08 17:33:59
- 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. 1201 Third Avenue, Suite 1700 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 | Acquisiton | 2020-07-07 | 620,270 | $0.00 | 620,270 | No | 4 | C | Indirect | By Avanti Holdings, LLC |
| Common Stock | Acquisiton | 2020-07-07 | 6,649 | $0.00 | 626,919 | No | 4 | X | Indirect | By Avanti Holdings, LLC |
| Common Stock | Disposition | 2020-07-07 | 1 | $22.00 | 626,918 | No | 4 | S | Indirect | By Avanti Holdings, LLC |
| Common Stock | Acquisiton | 2020-07-07 | 20,320 | $0.00 | 647,238 | No | 4 | X | Indirect | By Avanti Holdings, LLC |
| Common Stock | Disposition | 2020-07-07 | 1 | $22.00 | 647,237 | No | 4 | S | Indirect | By Avanti Holdings, LLC |
| Common Stock | Acquisiton | 2020-07-07 | 4,383 | $0.00 | 651,620 | No | 4 | X | Indirect | By Avanti Holdings, LLC |
| Common Stock | Disposition | 2020-07-07 | 1 | $22.00 | 651,619 | No | 4 | S | Indirect | By Avanti Holdings, LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Avanti Holdings, LLC |
| No | 4 | X | Indirect | By Avanti Holdings, LLC |
| No | 4 | S | Indirect | By Avanti Holdings, LLC |
| No | 4 | X | Indirect | By Avanti Holdings, LLC |
| No | 4 | S | Indirect | By Avanti Holdings, LLC |
| No | 4 | X | Indirect | By Avanti Holdings, LLC |
| No | 4 | S | Indirect | By Avanti Holdings, LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series E Preferred Stock | Disposition | 2020-07-07 | 297,544 | $0.00 | 620,270 | $0.00 |
| Common Stock | Warrant (Right To Buy) | Disposition | 2020-07-07 | 6,649 | $0.00 | 6,649 | $0.00 |
| Common Stock | Warrant (Right To Buy) | Disposition | 2020-07-07 | 20,320 | $0.00 | 20,320 | $0.00 |
| Common Stock | Warrant (Right To Buy) | Disposition | 2020-07-07 | 4,383 | $0.00 | 4,383 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 0 | 2026-07-26 | No | 4 | X | Indirect | |
| 0 | 2028-03-16 | No | 4 | X | Indirect | |
| 0 | 2028-07-31 | No | 4 | X | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 45,900 | Direct |
Footnotes
- The Series E Preferred Stock automatically converted into shares of Common Stock of the Issuer on a 1:2.08463409090909 basis immediately upon closing of the Issuer's initial public offering and had no expiration date.
- 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.
- Upon closing of the Issuer's initial public offering, Avanti Holdings, LLC exercised a warrant to purchase 6,649 shares of the Issuer's Common Stock at an exercise price per share of $0.0005. Avanti Holdings, LLC paid the exercise price on a cashless basis, resulting in the Issuer withholding 1 share subject to the warrant in order to pay the exercise price and issuing to Avanti Holdings, LLC the remaining 6,648 shares of Common Stock.
- Upon closing of the Issuer's initial public offering, Avanti Holdings, LLC exercised a warrant to purchase 20,320 shares of the Issuer's Common Stock at an exercise price per share of $0.0005. Avanti Holdings, LLC paid the exercise price on a cashless basis, resulting in the Issuer withholding 1 share subject to the warrant in order to pay the exercise price and issuing to Avanti Holdings, LLC the remaining 20,319 shares of Common Stock.
- Upon closing of the Issuer's initial public offering, Avanti Holdings, LLC exercised a warrant to purchase 4,383 shares of the Issuer's Common Stock at an exercise price per share of $0.0005. Avanti Holdings, LLC paid the exercise price on a cashless basis, resulting in the Issuer withholding 1 share subject to the warrant in order to pay the exercise price and issuing to Avanti Holdings, LLC the remaining 4,382 shares of Common Stock.
- The shares subject to this warrant were fully vested prior to exercise.
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