Adina Eckstein - Jun 24, 2024 Form 4 Insider Report for Lemonade, Inc. (LMND)

Role
Chief Operating Officer
Signature
/s/ Timothy Bixby, Attorney-in-Fact for Adina Eckstein
Stock symbol
LMND
Transactions as of
Jun 24, 2024
Transactions value $
$0
Form type
4
Date filed
6/26/2024, 06:53 PM
Previous filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Award $0 +53.7K +39.47% $0.00 190K Jun 24, 2024 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 +71.6K $0.00 71.6K Jun 24, 2024 COMMON STOCK 71.6K $15.90 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 will vest in 8 equal quarterly installments beginning on September 1, 2024, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The option will vest and become exercisable in 8 equal quarterly installments beginning on September 23, 2024, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.