Filing Details

Accession Number:
0001127602-23-016690
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-24 12:24:44
Reporting Period:
2023-05-23
Accepted Time:
2023-05-24 12:24:44
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 Disposition 2023-05-23 669 $11.08 134,136 No 4 S Direct
Common Stock Acquisiton 2023-05-23 2,262 $0.00 134,805 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 195,042 Indirect By Hilton Family Trust
Footnotes
  1. 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.
  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 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.
  3. 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.