X0306 4 2020-03-31 0 0001428336 HEALTHEQUITY, INC. HQY 0001704840 Otten William Robert C/O HEALTHEQUITY, INC. 15 W. SCENIC POINTE DR., STE. 100 DRAPER UT 84020 0 1 0 0 Executive VP of Sales Common Stock 2020-03-31 4 A 0 5041 0 A 22166 D Common Stock 2020-03-31 4 A 0 3019 0 A 25185 D Common Stock 2020-03-31 4 A 0 4767 0 A 29952 D Common Stock 2020-03-31 4 A 0 9224 0 A 39176 D Stock Option (right to buy) 51.44 2027-06-21 Common Stock 43000 43000 D Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vest as to 5,041 shares on the date of the meeting of the Company's compensation committee to be held in the first quarter of the fiscal year ended January 31, 2022. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vest as to 3,019 shares on the date of the meeting of the Company's compensation committee to be held in the first quarter of the fiscal year ended January 31, 2023. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vested as to 4,767 shares on March 31, 2020. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vest in four equal installments of 2,306 shares on each of March 31, 2021, 2022, 2023, and 2024. The option is exercisable as to 21,500 shares. The remaining options become exercisable in two equal installments of 10,750 on June 21, 2020, and 2021. /s/William Robert Otten 2020-04-02