X0306 4 2020-04-05 0 0001428336 HEALTHEQUITY, INC. HQY 0001761050 Trittschuh Larry L C/O HEALTHEQUITY, INC. 15 W. SCENIC POINTE DR., STE. 100 DRAPER UT 84020 0 1 0 0 EVP Chief Security Officer Common Stock 2020-04-05 4 A 0 3651 0 A 17485 D Stock Option (Right to Buy) 59.63 2028-12-17 Common Stock 19258 19258 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 913 shares on each of March 31, 2021, 2022, and 2023. The remaining 912 restricted stock units vest on March 31, 2024. The option will become exercisable as to 6,420 shares on December 17, 2020. The remaining options will become exercisable in two equal installments of 6,419 shares on December 17, 2021 and 2022. /s/ Larry L. Trittschuh 2020-04-06