Adina Eckstein - 11 Aug 2023 Form 4 Insider Report for Lemonade, Inc. (LMND)

Signature
/s/ Timothy Bixby, Attorney-in-Fact for Adina Eckstein
Issuer symbol
LMND
Transactions as of
11 Aug 2023
Transactions value $
$0
Form type
4
Filing time
15 Aug 2023, 19:04:37 UTC
Previous filing
09 Feb 2023
Next filing
06 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Award $0 +23.5K +22.38% $0.00 129K 11 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMND STOCK OPTION Award $0 +47.1K $0.00 47.1K 11 Aug 2023 COMMON STOCK 47.1K $15.13 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units, which vest in 16 equal quarterly installments beginning on December 1, 2023, subject to the Reporting Person's continuous employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a continent right to receive one share of the Issuer's common stock.
F2 The option will vest and become exercisable in 16 equal quarterly installments beginning on November 7, 2023.