Adina Eckstein - 21 Jul 2021 Form 4 Insider Report for Lemonade, Inc. (LMND)

Signature
Timothy Bixby, Attorney-in-Fact for Adina Eckstein
Issuer symbol
LMND
Transactions as of
21 Jul 2021
Transactions value $
$0
Form type
4
Filing time
23 Jul 2021, 18:14:18 UTC
Next filing
08 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Award $0 +20K +200% $0.00 30K 21 Jul 2021 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 +10K $0.00 10K 21 Jul 2021 COMMON STOCK 10K $92.20 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 will vest in 16 equal quarterly installments beginning on October 21, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a contingent 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 October 21, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.