Rajeev Singh - Aug 2, 2022 Form 4/A - Amendment Insider Report for Accolade, Inc. (ACCD)

Signature
/s/ Richard Eskew, Attorney-in-Fact
Stock symbol
ACCD
Transactions as of
Aug 2, 2022
Transactions value $
$512,221
Form type
4/A - Amendment
Date filed
8/4/2022, 03:51 PM
Date Of Original Report
Aug 3, 2022
Previous filing
Jul 19, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACCD Common Stock Purchase $177K +17.5K +13.24% $10.09 150K Aug 2, 2022 Direct F1, F2
transaction ACCD Common Stock Options Exercise $82.3K +17.5K +15.26% $4.70 132K Aug 2, 2022 Direct
transaction ACCD Common Stock Options Exercise $200K +47.6K +86.26% $4.20 103K Aug 2, 2022 Direct
transaction ACCD Common Stock Options Exercise $53.4K +11.9K +11.55% $4.50 115K Aug 2, 2022 Direct
holding ACCD Common Stock 652K Aug 2, 2022 By Avanti Holdings, LLC F3

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) Options Exercise $0 -47.6K -2.98% $0.00 1.55M Aug 2, 2022 Common Stock 47.6K $4.20 Direct F4
transaction ACCD Stock Option (Right to Buy) Options Exercise $0 -11.9K -39.58% $0.00 18.1K Aug 2, 2022 Common Stock 11.9K $4.50 Direct F5
transaction ACCD Stock Option (Right to Buy) Options Exercise $0 -17.5K -58.33% $0.00 12.5K Aug 2, 2022 Common Stock 17.5K $4.70 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on August 3, 2022, is being amended by this Form 4/A solely to correct a typographical error, which in footnote 1 of the original Form 4 referred to "sale" prices when in fact the Reporting Person made stock purchases. This has been corrected in footnote 2 below in this Form 4/A reporting the price range for the purchases reflected herein.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices within the range of $9.9600 to $10.1500, inclusive. The Reporting Person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range(s) set forth in this footnote of this Form 4.
F3 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.
F4 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 October 30, 2015 (the "October 2015 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the October 2015 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the October 2015 Vesting Commencement Date.
F5 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 July 26, 2017 (the "July 2017 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the July 2017 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the July 2017 Vesting Commencement Date.
F6 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 April 1, 2018 (the "April 2018 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the April 2018 Vesting Commencement Date thereafter for so long as the Reporting Person remains an employee or consultant of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the April 2018 Vesting Commencement Date.