X0306 4 2017-11-15 0 0001428336 HEALTHEQUITY INC HQY 0001614953 Berkley Capital, LLC 600 BRICKELL AVENUE, 39TH FLOOR MIAMI FL 33131 0 0 1 0 0001614951 Berkley Capital Investors, L.P. 600 BRICKELL AVENUE, 39TH FLOOR MIAMI FL 33131 0 0 1 0 0000011544 BERKLEY W R CORP 475 STEAMBOAT ROAD GREENWICH CT 06830 0 0 1 0 Common Stock 2017-11-15 4 S 0 700 51.0543 D 6574332 I See footnote Common Stock 2017-11-16 4 S 0 22779 51.0854 D 6551553 I See footnote All securities are held of record by Berkley Capital Investors, L.P., a Delaware limited partnership ("Berkley Investors"). Berkley Capital, LLC, a Delaware limited liability company ("Berkley Capital") is the general partner of Berkley Investors. Berkley Capital is an indirect, wholly owned subsidiary of W. R. Berkley Corporation, a Delaware corporation ("W. R. Berkley"), and as such beneficial ownership of all securities held of record by Berkley Investors may be deemed attributable to W. R. Berkley. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4. The Power of Attorney given by Mr. John F. Kohler, General Counsel of Berkley Capital, LLC, was previously filed with the U.S. Securities & Exchange Commission on July 7, 2017, as an exhibit to a statement on Form 4 filed by Berkley Capital, LLC with respect to HealthEquity, Inc. and is hereby incorporated by reference. BERKLEY CAPITAL, LLC; By: John F. Kohler, General Counsel; By: Willkie Farr & Gallagher LLP, attorney-in-fact 2017-11-17 BERKLEY CAPITAL INVESTORS, L.P.; By: Berkley Capital, LLC, its general partner; By: John F. Kohler, General Counsel; By: Willkie Farr & Gallagher LLP, attorney-in-fact 2017-11-17 W. R. Berkley Corporation; By: Matthew M. Ricciardi, Senior Vice President - General Counsel 2017-11-17