Adina Eckstein - Nov 19, 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
Nov 19, 2024
Transactions value $
-$2,127,960
Form type
4
Date filed
11/21/2024, 09:42 PM
Previous filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Options Exercise $367K +15K +7.91% $24.47 205K Nov 19, 2024 Direct
transaction LMND COMMON STOCK Options Exercise $48.4K +1.77K +0.86% $27.35 206K Nov 19, 2024 Direct
transaction LMND COMMON STOCK Options Exercise $163K +6.88K +3.33% $23.69 213K Nov 19, 2024 Direct
transaction LMND COMMON STOCK Sale -$600K -15K -7.03% $40.00 198K Nov 19, 2024 Direct F1
transaction LMND COMMON STOCK Sale -$70.8K -1.77K -0.89% $40.00 197K Nov 19, 2024 Direct F1
transaction LMND COMMON STOCK Sale -$275K -6.88K -3.5% $40.00 190K Nov 19, 2024 Direct F1
transaction LMND COMMON STOCK Options Exercise $367K +15K +7.91% $24.47 205K Nov 21, 2024 Direct
transaction LMND COMMON STOCK Options Exercise $48.4K +1.77K +0.86% $27.35 206K Nov 21, 2024 Direct
transaction LMND COMMON STOCK Options Exercise $163K +6.88K +3.33% $23.69 213K Nov 21, 2024 Direct
transaction LMND COMMON STOCK Sale -$750K -15K -7.03% $50.00* 198K Nov 21, 2024 Direct F1
transaction LMND COMMON STOCK Sale -$88.5K -1.77K -0.89% $50.00* 197K Nov 21, 2024 Direct F1
transaction LMND COMMON STOCK Sale -$344K -6.88K -3.5% $50.00* 190K Nov 21, 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 Options Exercise -$367K -15K -25% $24.47 45K Nov 19, 2024 COMMON STOCK 15K $24.47 Direct F2
transaction LMND STOCK OPTION Options Exercise -$48.4K -1.77K -3.13% $27.35 54.8K Nov 19, 2024 COMMON STOCK 1.77K $27.35 Direct F3
transaction LMND STOCK OPTION Options Exercise -$163K -6.88K -34.38% $23.69 13.1K Nov 19, 2024 COMMON STOCK 6.88K $23.69 Direct F2
transaction LMND STOCK OPTION Options Exercise -$367K -15K -33.33% $24.47 30K Nov 21, 2024 COMMON STOCK 15K $24.47 Direct F2
transaction LMND STOCK OPTION Options Exercise -$48.4K -1.77K -3.23% $27.35 53.1K Nov 21, 2024 COMMON STOCK 1.77K $27.35 Direct F3
transaction LMND STOCK OPTION Options Exercise -$163K -6.88K -52.38% $23.69 6.25K Nov 21, 2024 COMMON STOCK 6.88K $23.69 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reported transaction occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on June 14, 2024.
F2 The stock option is fully vested.
F3 Represents an award of stock options, which vest in 16 equal quarterly installments which began on July 5, 2022, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.