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Singh Rajeev's Form 4/A amendment

Amended

Accolade, Inc. (ACCD) · filed Aug 4, 2022

Accession no.
0001127602-22-020466
Filed
Aug 4, 2022
Trade date
Aug 2, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Aug 3, 2022

This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market purchases total $176.6K. It was filed 2 days after the trade.

This amendment replaces 0001127602-22-020329 (filed Aug 3, 2022).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Singh RajeevCIK 0001219071Director, Officer (Chief Executive Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 2, 2022Common StockPPurchaseAcquired+17,500$10.09F2+$176,575149,697Direct
Aug 2, 2022Common StockMOption exerciseAcquired+17,500$4.70+$82,250132,197Direct
Aug 2, 2022Common StockMOption exerciseAcquired+47,620$4.20+$200,004102,822Direct
Aug 2, 2022Common StockMOption exerciseAcquired+11,875$4.50+$53,437.5114,697Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 2, 2022Common StockMOption exerciseDisposed−47,620$0.00$01,552,380Direct
Aug 2, 2022Common StockMOption exerciseDisposed−11,875$0.00$018,125Direct
Aug 2, 2022Common StockMOption exerciseDisposed−17,500$0.00$012,500Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

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.

Referenced by the price of 1 transaction in Table I.

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.

Read the full filing on SEC EDGAR (opens in a new tab)