Phreesia modifies bonus plan; NEOs can elect RSU grant at 115% of earned bonus value

Phreesia, Inc.

Compensation Committee approved changes to Variable Compensation Plan on August 18, 2021.
Eligible employees including NEOs may elect to receive 70% of total bonus as RSUs valued at 115% of earned bonus instead of cash.
RSUs are fully vested on grant date; CEO may impose a holding period on NEOs' shares after tax withholding.
RSU grants will be made under the 2019 Stock Option and Incentive Plan.

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