Vikas Singhal - Aug 6, 2021 Form 4 Insider Report for Metromile, Inc. (MILE)

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact
Stock symbol
MILE
Transactions as of
Aug 6, 2021
Transactions value $
$0
Form type
4
Date filed
8/10/2021, 08:45 PM
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MILE Common Stock Award $0 +28.4K $0.00 28.4K Aug 6, 2021 Direct F1
holding MILE Common Stock 7.66M Aug 6, 2021 See footnote F2
* 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 Mr. Vikas Singhal is a Partner of Hudson Structured Capital Management Ltd. ("HSCM") which manages HSCM Bermuda Fund Ltd. ("Bermuda"), HS Santanoni LP ("Santanoni"), and HSCM F1 Master Fund Ltd. ("F1 Master Fund"). HSCM is an investment adviser registered with the U.S. Securities & Exchange Commission under the Investment Advisers Act of 1940. Mr. Singhal and Michael Millette are each partners of HSCM and as such may be deemed to have voting and dispositive power over the securities held by Bermuda, Santanoni and F1 Master Fund.