0001127602-23-025792.txt : 20231012
0001127602-23-025792.hdr.sgml : 20231012
20231012120342
ACCESSION NUMBER: 0001127602-23-025792
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231010
FILED AS OF DATE: 20231012
DATE AS OF CHANGE: 20231012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cavanaugh Robert N
CENTRAL INDEX KEY: 0001453957
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39348
FILM NUMBER: 231322136
MAIL ADDRESS:
STREET 1: 1601 CLOVERFIELD BLVD.
STREET 2: SUITE 620
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Accolade, Inc.
CENTRAL INDEX KEY: 0001481646
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 432117836
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0229
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
2023-10-10
0001481646
Accolade, Inc.
ACCD
0001453957
Cavanaugh Robert N
C/O ACCOLADE, INC.
SEATTLE
WA
98101
1
President
0
Common Stock
2023-10-10
4
M
0
710
A
167088
D
Common Stock
2023-10-11
4
S
0
214
8.627
D
166874
D
Restricted Stock Units
2023-10-10
4
M
0
710
D
Common Stock
710
14210
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.
Each RSU represents the contingent right to receive one share of the Issuer's common stock.
The shares subject to this RSU shall vest at a rate of one-third of the total number of shares on the one-year anniversary of June 10, 2022 (the "June 2022 RSU Vesting Commencement Date") and 1/36th of the total number of shares each monthly anniversary of the June 2022 RSU 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 three-year anniversary of the June 2022 RSU Vesting Commencement Date.
/s/ Richard Eskew, Attorney-in-Fact
2023-10-12