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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. The shares subject to this warrant were fully vested prior to exercise.