Filing Details

Accession Number:
0001127602-24-006077
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-21 16:26:00
Reporting Period:
2024-02-16
Accepted Time:
2024-02-21 16:26:00
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 Acquisiton 2024-02-16 933 $0.00 744,589 No 4 M Direct
Common Stock Disposition 2024-02-20 386 $11.99 744,203 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 2024-02-16 933 $0.00 933 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,926 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
  1. 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.
  2. Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.
  3. 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.
  4. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  5. 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.