| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LMND | COMMON STOCK | Sale | -$600K | -20K | -25.23% | $30.00 | 59.3K | Nov 11, 2024 | Directly held by Cohen Holdings, LLC | F1, F2 |
| holding | LMND | COMMON STOCK | 8.99K | Nov 11, 2024 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents sale pursuant to a Rule 10b5-1 trading plan. |
| F2 | The Reporting Person is the owner of Cohen Holdings, LLC and has voting and dispositive control over the shares held by Cohen Holdings, LLC. |
| F3 | This number includes 7,576 restricted stock units, which vest in sixteen equal quarterly installments beginning on March 1, 2024 and are 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. |