Kent Cindy 4

4 · Accolade, Inc. · Filed Jul 26, 2021

Form 4

Period: 2021-07-22

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2021-07-22+1,360→ 1,360 total
Exercise/Conversion
Restricted Stock Units
[F1]
2021-07-22−1,360→ 0 total
→ Common Stock (1,360 underlying)
Award
Restricted Stock Units
[F2][F3]
2021-07-22+2,659→ 2,659 total
→ Common Stock (2,659 underlying)

Footnotes (3)

[F1]Each restricted stock unit ("RSU") vested and converted into one share of the Issuer's Common Stock on July 22, 2021.
[F2]Each RSU represents the contingent right to receive one share of Common Stock upon vesting of the RSU.
[F3]The shares subject to the RSU will vest on the earlier of (i) the date of the following annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the director not standing for re-election) or (ii) the one year anniversary measured from the date of grant, each subject to continued service as a director through each applicable vesting date. Notwithstanding the foregoing, any shares that vest according to the preceding sentence, shall not be released to the Reporting Person until the earlier of (i) January 30th of the calendar year following the Reporting Person's separation of service from the Issuer's Board at which point the vested shares shall be released on such date in a lump sum, or (ii) such date that the Issuer consummates a transaction or series of transactions constituting a Change in Control (as defined in the Issuer's 2020 Equity Incentive Plan) that is a Section 409A Change in Control (as defined in the Issuer's 2020 Equity Incentive Plan).

Signature

/s/ Richard Eskew, Attorney-in-Fact|2021-07-26

Documents

1 file