Ryan Graves - 06 Aug 2021 Form 4 Insider Report for Metromile, Inc.

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
10 Aug 2021, 21:37:09 UTC
Next filing
29 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MILE Common Stock Award $0 +28,384 $0.000000 28,384 06 Aug 2021 Direct F1
holding MILE Common Stock 3,133,471 06 Aug 2021 See footnote F2
holding MILE Common Stock 1,917,796 06 Aug 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Comprised of shares subject to restricted stock units ("RSUs"). 1/3rd of the RSUs shall vest on March 6, 2022 with the remaining RSUs vesting in equal installments of 1/12th of the total number of RSUs on each Quarterly Vesting Date (June 6, September 6, December 6 and March 6) thereafter, subject to the Reporting Person's Continuous Service through each such date.
F2 The shares are held by Saltwater Capital ("Saltwater"). Mr. Graves may be deemed to have voting and dispositive power over the securities held by Saltwater.
F3 The shares are held by The Graves Irrevocable Remainder Trust ("Graves Irrevocable Trust"). Mr. Graves may be deemed to have voting and dispositive power over the securities held by Graves Irrevocable Trust.