0001127602-24-018535.txt : 20240613
0001127602-24-018535.hdr.sgml : 20240613
20240613133904
ACCESSION NUMBER: 0001127602-24-018535
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240611
FILED AS OF DATE: 20240613
DATE AS OF CHANGE: 20240613
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SINGH RAJEEV
CENTRAL INDEX KEY: 0001219071
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39348
FILM NUMBER: 241040709
MAIL ADDRESS:
STREET 1: 6222 185TH AVENUE NE
CITY: REDMOND
STATE: WA
ZIP: 98052
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Accolade, Inc.
CENTRAL INDEX KEY: 0001481646
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 432117836
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0228
BUSINESS ADDRESS:
STREET 1: 660 W. GERMANTOWN PIKE SUITE 500
CITY: PLYMOUTH MEETING
STATE: PA
ZIP: 19462
BUSINESS PHONE: 610-834-2989
MAIL ADDRESS:
STREET 1: 660 W. GERMANTOWN PIKE SUITE 500
CITY: PLYMOUTH MEETING
STATE: PA
ZIP: 19462
FORMER COMPANY:
FORMER CONFORMED NAME: Accolade LLC
DATE OF NAME CHANGE: 20100121
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2024-06-11
0001481646
Accolade, Inc.
ACCD
0001219071
SINGH RAJEEV
C/O ACCOLADE, INC.
SEATTLE
WA
98101
1
1
Chief Executive Officer
0
Common Stock
2024-06-11
4
M
0
45430
A
795266
D
Common Stock
2024-06-12
4
S
0
18617
6.615
D
776649
D
Common Stock
651619
I
By Avanti Holdings, LLC
Restricted Stock Units
2024-06-11
4
M
0
45430
D
Common Stock
45430
90863
D
Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock.
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 obligations to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
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.
Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
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.
/s/ Richard Eskew, Attorney-in-Fact
2024-06-13