Stephen H. Barnes - Jun 16, 2021 Form 4/A - Amendment Insider Report for Accolade, Inc. (ACCD)

Role
Chief Financial Officer
Signature
/s/ Richard Eskew, Attorney-in-Fact
Stock symbol
ACCD
Transactions as of
Jun 16, 2021
Transactions value $
$2,124,524
Form type
4/A - Amendment
Date filed
6/21/2021, 04:32 PM
Date Of Original Report
Jun 21, 2021
Next filing
Mar 1, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACCD Stock Option (Right to Buy) Award $2.12M +39.8K $53.38 39.8K Jun 16, 2021 Common Stock 39.8K $53.38 Direct F1, F2
transaction ACCD Restricted Stock Units Award +19.9K 19.9K Jun 16, 2021 Common Stock 19.9K Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option 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 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the June 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 Vesting Commencement Date.
F2 On June 21, 2021, the Reporting Person filed a Form 4 which inadvertently reported that he was granted a stock option to purchase 40,000 shares of the Issuer's Common Stock. In fact, as reported in this amendment, the Reporting Person was granted a stock option to purchase 39,800 shares of the Issuer's Common Stock.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F4 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.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F6 On June 21, 2021, the Reporting Person filed a Form 4 which inadvertently reported that he was granted an RSU for 20,000 shares of the Issuer's Common Stock. In fact, as reported in this amendment, the Reporting Person was granted an RSU for 19,900 shares of the Issuer's Common Stock.