X0306 4 2017-04-07 0 0001428336 HEALTHEQUITY INC HQY 0001614838 Neeleman Stephen C/O HEALTHEQUITY, INC. 15 W. SCENIC POINTE DR., STE. 100 DRAPER UT 84020 1 1 0 0 Founder and Vice Chairman Common Stock 0 D Common Stock 2017-04-07 5 G 0 10000 0 D 835285 I See footnote Common Stock 291613 I See footnote Stock Option (right to buy) 41.28 2027-03-27 Common Stock 19897 19897 D Stock Option (right to buy) 14 2024-07-30 Common Stock 46000 46000 D Stock Option (right to buy) 1.25 2021-08-08 Common Stock 654 654 D Shares held of record by the Stephen and Christine Neeleman Trust. Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Family Holdings for any other purposes. The option becomes exercisable in three annual installments of 4,974 shares on March 27, 2018, 2019, and 2020 and in one installment of 4,975 shares on March 27, 2021. The option is immediately exercisable. The Power of Attorney given by Mr. Neeleman was previously filed with the U.S. Securities & Exchange Commission on March 3, 2017 as an exhibit to a statement on Form 4 filed by Mr. Neeleman with respect to HealthEquity, Inc. and is hereby incorporated by reference. /s/ Delano W. Ladd, attorney-in-fact 2017-04-11