Rajesh Natarajan - Feb 1, 2023 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role: Director
Signature: /s/ Delano W. Ladd , Attorney-in-Fact
Stock symbol: HQY
Transactions as of: Feb 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/3/2023, 10:38 AM
Previous filing: Jun 27, 2022
Next filing: Jun 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HQY	Common Stock	Award	$0	+1.23K	+35.7%	$0.00	4.67K	Feb 1, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vested as to 308 shares on February 1, 2023. An additional 307 shares will vest on each of May 1, August 1, and November 1, of 2023. Vested shares will be delivered to the reporting person upon vesting.

Remarks:

The Power of Attorney given by Mr. Natarajan was previously filed with the U.S. Securities and Exchange Commission on May 4, 2022 as an exhibit to a statement on Form 3 filed by Mr. Natarajan with respect to HealthEquity, Inc. and is hereby incorporated by reference.