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HEALTHEQUITY, INC. Director's Dealing 2021

Jan 27, 2021

30722_dirs_2021-01-27_b34500af-a68d-4883-83e5-5a51e430a29c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHEQUITY, INC. (HQY)
CIK: 0001428336
Period of Report: 2021-01-25

Reporting Person: Kessler Jon (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-01-25 Common Stock S 54858 $84.4595 Disposed 350857 Direct
2021-01-25 Common Stock S 56141 $85.0581 Disposed 294716 Direct
2021-01-25 Common Stock S 21448 $86.1154 Disposed 273268 Direct
2021-01-25 Common Stock S 17553 $87.1275 Disposed 255715 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $41.28 2027-03-27 Common Stock (17410) 34820 Indirect
Stock Option (right to buy) $61.72 2028-03-27 Common Stock (11965) 23930 Indirect
Stock Option (right to buy) $73.61 2029-03-26 Common Stock (12782) 12782 Indirect
Stock Option (right to buy) $14.00 2024-07-30 Common Stock (160000) 160000 Indirect
Stock Option (right to buy) $41.28 2027-03-27 Common Stock (34819) 17409 Direct
Stock Option (right to buy) $61.72 2028-03-27 Common Stock (35894) 23929 Direct
Stock Option (right to buy) $73.61 2029-03-26 Common Stock (51125) 38343 Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.75 to $84.74, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), and (5) of this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.75 to $85.74, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.75 to $86.74, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.76 to $87.58, inclusive.

F6: The option is immediately exercisable.

F7: The option will become exercisable as to 17,409 shares on March 27, 2021.

F8: The option will become exercisable as to 11,965 shares on March 27, 2021 and 11,964 shares on March 27, 2022.

F9: The option will become exercisable in annual installments of 12,781 shares on each of March 26, 2021, 2022 and 2023.