SEC Form 4 · accession 0001140361-15-043538

HEALTHEQUITY, INC. · HQY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Founder and Vice Chairman · Director

Period of report

Dec 1, 2015

Accepted (ET)

Dec 3, 2015 · 2:49 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001428336

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Dec 1, 2015	M	26,591	$1.25	A	823,405	D
Common Stock^F2	Dec 1, 2015	S	13,151	$31.9217	D	810,254	D
Common Stock^F3	Dec 1, 2015	S	13,440	$32.9405	D	796,814	D
Common Stock	Dec 2, 2015	M	10,909	$1.25	A	807,723	D
Common Stock^F4	Dec 2, 2015	S	10,909	$33.5001	D	796,814	D
Common Stock^F5	holding	—	—		—	450,000	I	See footnote
Common Stock	holding	—	—		—	68,471	I	By wife

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F6	$1.25	Dec 1, 2015	M	26,591	D	—	Aug 8, 2021	Common Stock	26,591	235,909	D
Stock Option (right to buy)^F6	$1.25	Dec 2, 2015	M	10,909	D	—	Aug 8, 2021	Common Stock	10,909	225,000	D

F1The option exercises and subsequent sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2015.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.50 to $32.49, 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) and (4) to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.51 to $33.24, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.143 to $33.97, inclusive.
F5Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings 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 Family Holdings for any other purposes.
F6The option is immediately exercisable.