SEC Form 4 · accession 0001179110-18-001575
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, 2018
Accepted (ET)
Feb 5, 2018 · 7:56 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 StockF1 | Feb 1, 2018 | A | 3,273 | $0.00 | A | 15,021 | D | |
| Common StockF2 | Feb 1, 2018 | A | 2,777 | $0.00 | A | 17,798 | 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 | $21.27 | holding | — | — | — | — | Feb 1, 2026 | Common Stock | 15,000 | 15,000 | D |
| Stock Option (right to buy)F4 | $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. The restricted stock units vest as to 1,636 shares on the date of the issuer's annual stockholder meeting held in the current fiscal year; the remainder will vest on January 31, 2019. Vested shares will be delivered to the reporting person on March 15, 2020.
- F2Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vested as to 694 shares on February 1, 2018. The remaining restricted stock units vest as to 694 shares on May 1, 2018 and August 1, 2018, and as to 695 shares on November 1, 2018. Vested shares will be delivered to the reporting person on March 15, 2020.
- F3The option is immediately exercisable.
- F4The option is exercisable as to 25,000 shares. The option becomes exercisable with respect to the remaining shares in two equal installments of 12,500 shares on September 29, 2018 and 2019.
Remarks
The power of Attorney given by Mr. Selander was previously filed with the U.S. Securities & Exchange Commission on February 3, 2017 as an exhibit to a statement on Form 4 filed by Mr. Selander with respect to HealthEquity, Inc. and is hereby incorporated by reference.