John Sheldon Peters - 30 Dec 2024 Form 4 Insider Report for Lemonade, Inc. (LMND)

Signature
/s/ Timothy Bixby, Attorney-in-Fact for John Peters
Issuer symbol
LMND
Transactions as of
30 Dec 2024
Net transactions value
-$1,120,850
Form type
4
Filing time
03 Jan 2025, 19:18:29 UTC
Previous filing
23 Dec 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMND COMMON STOCK Options Exercise $52,600 +10,000 +11% $5.26 98,493 30 Dec 2024 Direct
transaction LMND COMMON STOCK Sale $386,700 -10,000 -10% $38.67 88,493 30 Dec 2024 Direct F1
transaction LMND COMMON STOCK Sale $734,150 -18,985 -21% $38.67 69,508 30 Dec 2024 Direct F1
transaction LMND COMMON STOCK Options Exercise $26,500 +10,000 +14% $2.65 79,508 31 Dec 2024 Direct
transaction LMND COMMON STOCK Options Exercise $26,500 +10,000 +13% $2.65 89,508 02 Jan 2025 Direct

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 $52,600 -10,000 -22% $5.26 35,000 30 Dec 2024 COMMON STOCK 10,000 $5.26 Direct F2
transaction LMND STOCK OPTION Options Exercise $26,500 -10,000 -25% $2.65 30,000 31 Dec 2024 COMMON STOCK 10,000 $2.65 Direct F2
transaction LMND STOCK OPTION Options Exercise $26,500 -10,000 -33% $2.65 20,000 02 Jan 2025 COMMON STOCK 10,000 $2.65 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 Represents sale pursuant to a Rule 10b5-1 trading plan.
F2 The stock option is fully vested.