E. Timothy Bixby - Feb 7, 2023 Form 4 Insider Report for Lemonade, Inc. (LMND)

Role
Chief Financial Officer
Signature
/s/ Timothy Bixby
Stock symbol
LMND
Transactions as of
Feb 7, 2023
Transactions value $
$0
Form type
4
Date filed
2/9/2023, 04:56 PM
Previous filing
Jul 15, 2022
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Award $0 +67K +32.68% $0.00 272K Feb 7, 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 +66K $0.00 66K Feb 7, 2023 COMMON STOCK 66K $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.