0001127602-24-013171.txt : 20240419 0001127602-24-013171.hdr.sgml : 20240419 20240419105458 ACCESSION NUMBER: 0001127602-24-013171 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240417 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cavanaugh Robert N CENTRAL INDEX KEY: 0001453957 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39348 FILM NUMBER: 24856207 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] ORGANIZATION NAME: 07 Trade & Services 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 2024-04-17 0001481646 Accolade, Inc. ACCD 0001453957 Cavanaugh Robert N C/O ACCOLADE, INC. SEATTLE WA 98101 1 President 0 Common Stock 2024-04-17 4 M 0 510 A 172608 D Common Stock 2024-04-18 4 S 0 141 8.823 D 172467 D Restricted Stock Units 2024-04-17 4 M 0 510 D Common Stock 510 7140 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 twenty-five percent of the total number of shares on the one-year anniversary of June 16, 2021 (the "June 2021 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the June 2021 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 four-year anniversary of the June 2021 Vesting Commencement Date. /s/ Richard Eskew, Attorney-in-Fact 2024-04-19