TIMOTHY E. BIXBY - 07 Feb 2023 Form 4 Insider Report for Lemonade, Inc. (LMND)

Signature
/s/ Timothy Bixby
Issuer symbol
LMND
Transactions as of
07 Feb 2023
Net transactions value
$0
Form type
4
Filing time
09 Feb 2023, 16:56:38 UTC
Previous filing
15 Jul 2022
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Award $0 +67,000 +33% $0.000000 272,000 07 Feb 2023 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 +66,000 $0.000000 66,000 07 Feb 2023 COMMON STOCK 66,000 $18.17 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 vest in 16 equal quarterly installments beginning on March 1, 2023, subject to the Reporting Person's continuous employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a continent right to receive one share of the Issuer's common stock.
F2 The option will vest and become exercisable in 16 quarterly installments beginning on March 1, 2023.