Michael Eisenberg - Sep 10, 2021 Form 4 Insider Report for Lemonade, Inc. (LMND)

Role: Director
Signature: /s/ Michael Eisenberg
Stock symbol: LMND
Transactions as of: Sep 10, 2021
Transactions value $: -$768,200
Form type: 4
Date filed: 9/13/2021, 04:12 PM
Previous filing: Jun 9, 2021
Next filing: Mar 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMND	Common Stock	Sale	-$614K	-8K	-6.24%	$76.70	120K	Sep 10, 2021	Direct	F1
transaction	LMND	Common Stock	Sale	-$155K	-2K	-1.66%	$77.30	118K	Sep 10, 2021	Direct
holding	LMND	Common Stock						2.37K	Sep 10, 2021	Directly held by Aleph Equity Partners, L.P.	F2
holding	LMND	Common Stock						1.71M	Sep 10, 2021	Directly held by Aleph, L.P.	F2
holding	LMND	Common Stock						170K	Sep 10, 2021	Directly held by Aleph-Aleph, L.P.	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.11 to $76.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The reporting person is a director of the entity that is the ultimate general partner of Aleph, L.P., Aleph-Aleph, L.P., and Aleph Equity Partners, L.P. and the reporting person may be deemed to have shared voting and investment power over the shares held by each of these entities. The reporting person disclaims beneficial ownership of the shares held by each of these entities except to the extent of his pecuniary interest therein.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.11 to $76.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reporting person is a director of the entity that is the ultimate general partner of Aleph, L.P., Aleph-Aleph, L.P., and Aleph Equity Partners, L.P. and the reporting person may be deemed to have shared voting and investment power over the shares held by each of these entities. The reporting person disclaims beneficial ownership of the shares held by each of these entities except to the extent of his pecuniary interest therein.