July 15, 2025 · Form 4 insider transaction
Linetsky David bought 1,500 shares of Phreesia, Inc. at $26.73 per share, a transaction worth $40.1K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 217 days after the transaction.
The shares reported in this transaction represent restricted stock units ("RSUs") issued to the Reporting Person's spouse under the Phreesia, Inc. 2019 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs vest as follows: 10% of the RSUs shall vest on July 15, 2026, 20% of the RSUs shall vest on July 15, 2027, 30% of the RSUs shall vest on July 15, 2028 and 40% of the RSUs shall vest on July 15, 2029, subject to the Reporting Person's continued service to the Issuer through each vesting date.; The total in Column 5 has been adjusted to correct an understatement of direct holdings by 114 shares and an overstatement of indirect holdings by 114 shares, first reflected in a Form 4 filed September 18, 2025. A sale of 114 shares by the Reporting Person's spouse on September 16, 2025 was timely reported but inadvertently reported the form of ownership as direct rather than indirect.