Alex Clavel - Aug 24, 2022 Form 3 Insider Report for Lemonade, Inc. (LMND)

Role
10%+ Owner
Signature
/s/ Alex Clavel
Stock symbol
LMND
Transactions as of
Aug 24, 2022
Transactions value $
$0
Form type
3
Date filed
8/30/2022, 06:12 AM
Previous filing
Aug 11, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMND Common stock, par value $0.00001 per share 12M Aug 24, 2022 See Explanation of Responses F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 SoftBank Group Capital Ltd has delegated all of its voting and dispositive power over the Lemonade, Inc. shares it holds to a three-member joint investment committee consisting of Daniel Schreiber, Shai Wininger, (each, a co-founder of Lemonade, Inc.) and, as of the August 24, 2022 effective date of his appointment to the joint investment committee, the Reporting Person, which shall act unanimously. The shares are directly held by SoftBank Group Capital Ltd. The Reporting Person may be deemed to have voting and dispositive power with respect to the shares held by SoftBank Group Capital Ltd. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.