HEALTHEQUITY, INC. — Director's Dealing 2017

Aug 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHEQUITY INC (HQY)
CIK: 0001428336
Period of Report: 2017-08-01

Reporting Person: LEAVITT MICHAEL O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-01	Common Stock	M	15000	$21.27	Acquired	45862	Direct
2017-08-01	Common Stock	M	15000	$25.39	Acquired	60862	Direct
2017-08-01	Common Stock	M	15000	$14	Acquired	75862	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-01	Stock Option (right to buy)	$21.27	M	1	Disposed	2026-02-01	Common Stock (15000)	Direct
2017-08-01	Stock Option (right to buy)	$25.39	M	1	Disposed	2025-03-26	Common Stock (15000)	Direct
2017-08-01	Stock Option (right to buy)	$14	M	1	Disposed	2024-07-30	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13767	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$46.4	2027-02-01	Common Stock (4837)	4837	Direct

Footnotes

F1: Shares held directly by Third Chapter, Inc. ("Third Chapter"), an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of the shares held by Third Chapter 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 Third Chapter for any other purposes.

F2: The option is immediately exercisable.