Michael Eisenberg - Mar 16, 2022 Form 4 Insider Report for Lemonade, Inc. (LMND)

Role: Director
Signature: /s/ Michael Eisenberg
Stock symbol: LMND
Transactions as of: Mar 16, 2022
Transactions value $: -$263,656
Form type: 4
Date filed: 3/18/2022, 04:18 PM
Previous filing: Sep 13, 2021
Next filing: Dec 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMND	Common Stock	Sale	-$102K	-5K	-4.2%	$20.32	114K	Mar 16, 2022	Direct
transaction	LMND	Common Stock	Sale	-$150K	-6.96K	-6.09%	$21.53	107K	Mar 17, 2022	Direct	F1
transaction	LMND	Common Stock	Sale	-$12.3K	-543	-0.51%	$22.60	107K	Mar 17, 2022	Direct
holding	LMND	Common Stock						1.71M	Mar 16, 2022	Directly held by Aleph, L.P.	F2
holding	LMND	Common Stock						170K	Mar 16, 2022	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 $21.15 to $22.10, 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. and Aleph-Aleph, 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 $21.15 to $22.10, 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. and Aleph-Aleph, 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.