Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LMND | COMMON STOCK | Sale | -$1.5M | -30K | -50.6% | $50.00* | 29.3K | Nov 21, 2024 | Directly held by Cohen Holdings, LLC | F1, F2 |
holding | LMND | COMMON STOCK | 8.99K | Nov 21, 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 began to vest in sixteen equal quarterly installments beginning on March 1, 2024. |