SEC Form 4 · accession 0001140361-16-079713
HEALTHEQUITY, INC. · HQY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Soldan
Officer — Exec VP, Operations
Period of report
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 8:27 pm EDT
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 | Sep 9, 2016 | M | 10,000 | $28.69 | A | 10,000 | D | |
| Common StockF1 | Sep 9, 2016 | S | 10,000 | $34.3069 | D | 0 | D | |
| Common Stock | Sep 12, 2016 | M | 15,000 | $28.69 | A | 15,000 | D | |
| Common StockF2 | Sep 12, 2016 | S | 15,000 | $33.0408 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $28.69 | Sep 9, 2016 | M | 10,000 | A | — | Aug 26, 2025 | Common Stock | 10,000 | 90,000 | D |
| Stock Option (right to buy)F3 | $28.69 | Sep 12, 2016 | M | 15,000 | A | — | Aug 26, 2025 | Common Stock | 15,000 | 75,000 | D |
| Stock Option (right to buy)F4 | $24.36 | holding | — | — | — | — | Mar 23, 2026 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.59, 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 (1) and (2) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.95 to $33.32, inclusive.
- F3The option is immediately exercisable as to 25,000 shares. The remaining shares become exercisable in three equal annual installments of 25,000 shares on August 26, 2017, 2018 and 2019.
- F4The option becomes exercisable in four equal annual installments on March 23, 2017, 2018, 2019 and 2020.