E. Timothy Bixby - Sep 10, 2024 Form 4 Insider Report for Lemonade, Inc. (LMND)

Signature
/s/ Timothy Bixby
Stock symbol
LMND
Transactions as of
Sep 10, 2024
Transactions value $
-$37,392
Form type
4
Date filed
9/11/2024, 02:42 PM
Previous filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Sale -$37.4K -2.05K -0.75% $18.24 272K Sep 10, 2024 Direct F1
holding LMND COMMON STOCK 10K Sep 10, 2024 Held by Timothy E Bixby Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sale was not a discretionary transaction by the Reporting Person, and represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The reported sale resulted in short-swing profits under Section 16(b) of the Securities Exchange Act of 1934, as amended, ("Section 16(b)") and the Reporting Person has disgorged a total of $6,442.32 to the Issuer, which amount represents all profits related to the transactions reported on this Form 4 in accordance with Section 16(b).
F2 The Reporting Person is Co-Trustee of Timothy E. Bixby Family Trust ("Trust") and has voting and dispositive control over the shares held by Trust.