4//SEC Filing
Barnes Stephen H. 4
Accession 0001127602-25-011296
CIK 0001481646other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 10:45 AM ET
Size
9.6 KB
Accession
0001127602-25-011296
Insider Transaction Report
Form 4
Accolade, Inc.ACCD
Barnes Stephen H.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-01−1,568→ 21,959 total→ Common Stock (1,568 underlying) - Exercise/Conversion
Common Stock
2025-04-01+1,568→ 307,305 total - Sale
Common Stock
2025-04-02$6.99/sh−431$3,014→ 306,874 total
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.
- [F2]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 to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]The Reporting Person was granted restricted stock units ("RSUs") on June 27, 2023 with a vesting commencement date of June 1, 2023 (the "Vesting Commencement Date"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest as follows: (a) one-third (1/3rd) of the RSUs will vest on the first anniversary of the Vesting Commencement Date (or June 1, 2024), and (b) then 1/36th of the RSUs will vest on each successive month following the first anniversary of the Vesting Commencement Date, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
Documents
Issuer
Accolade, Inc.
CIK 0001481646
Entity typeother
Related Parties
1- filerCIK 0001800920
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 10:45 AM ET
- Size
- 9.6 KB