SEC Form 4 · accession 0001179110-18-004918
HEALTHEQUITY, INC. · HQY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darcy G Mott
Officer — Executive VP and CFO
Period of report
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 4:34 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 | holding | — | — | — | 96,000 | 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)F2,F1 | $14.00 | Mar 27, 2018 | A | 30,000 | A | — | Jul 30, 2024 | Common Stock | 30,000 | 60,000 | D |
| Stock Option (right to buy)F5 | $61.72 | Mar 27, 2018 | A | 14,228 | A | — | Mar 27, 2028 | Common Stock | 14,228 | 14,228 | D |
| Stock Option (right to buy)F1 | $1.25 | holding | — | — | — | — | Aug 8, 2021 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (right to buy)F3 | $41.28 | holding | — | — | — | — | Mar 27, 2027 | Common Stock | 19,897 | 19,897 | D |
| Stock Option (right to buy)F4 | $25.39 | holding | — | — | — | — | Mar 26, 2025 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The option is immediately exercisable.
- F2On June 30, 2014, the reporting person was granted an option to purchase 100,000 shares of common stock. The option vests in annual installments based on the issuer's satisfaction of certain performance criteria for each of the fiscal years ending January 31, 2016 (10%), 2017 (20%), 2018 (30%) and 2019 (40%). The performance criteria for 2018 were met, resulting in the vesting of the option as to 30,000 shares.
- F3The option is exercisable as to 4,974 shares. The remaining shares become exercisable in two annual installments of 4,974 shares on March 27, 2019, and 2020 and in one installment of 4,975 shares on March 27, 2021.
- F4The option is exercisable as to 18,750 shares. The remaining shares become exercisable on March 26, 2019.
- F5The option becomes exercisable in four equal installments of 3,557 shares on March 27, 2019, 2020, 2021, and 2022.