SEC Form 4 · accession 0001140361-17-004434
HEALTHEQUITY, INC. · HQY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Selander
Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 8:58 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 | holding | — | — | — | 1,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 1, 2017 | A | 3,017 | A | — | — | Common Stock | 3,017 | 3,017 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 1, 2017 | A | 3,556 | A | — | — | Common Stock | 3,556 | 3,556 | D |
| Stock Option (right to buy)F4 | $21.27 | holding | — | — | — | — | Feb 1, 2016 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Common Stock | 4,175 | 4,175 | D |
| Stock Option (right to buy)F6 | $28.68 | holding | — | — | — | — | Sep 29, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F2The restricted stock units vested as to 754 shares on February 1, 2017. The remaining restricted stock units vest in two equal installments of 754 shares on May 1, 2017 and August 1, 2017, and as to 755 shares on November 1, 2017. Vested shares will be delivered to the reporting person on January 18, 2019, unless such date does not occur during an "open window period," in which case the shares will be delivered promptly following the first day of the next "open window period."
- F3The restricted stock units will vest as to 1,778 shares on the date of the issuer's annual stockholder meeting, if any, held in the current fiscal year; the remainder will vest on January 31, 2018. Vested shares will be delivered to the reporting person on January 18, 2019, unless such date does not occur during an "open window period", in which case the shares will be delivered promptly following the first day of the next "open window period."
- F4The option is immediately exercisable.
- F5The restricted stock units are fully vested. The vested shares will be delivered to the reporting person on January 8, 2018, unless such date does not occur during an "open window period", in which case the shares will be delivered promptly following the first day of the next "open window period."
- F6The option became exercisable as to 12,500 shares on September 29, 2016. The remaining shares become exercisable in three equal installments of 12,500 shares on September 29, 2017, 2018 and 2019; provided that the reporting person continues to serve as a director of the issuer through such dates.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney