Adina Eckstein - Jul 21, 2021 Form 3 Insider Report for Lemonade, Inc. (LMND)

Role
Chief Operating Officer
Signature
Timothy Bixby, Attorney-in-Fact for Adina Eckstein
Stock symbol
LMND
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
3
Date filed
7/23/2021, 06:13 PM
Next filing
Dec 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMND COMMON STOCK 10K Jul 21, 2021 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
holding LMND STOCK OPTION Jul 21, 2021 COMMON STOCK 20K $23.69 Direct F2
holding LMND STOCK OPTION Jul 21, 2021 COMMON STOCK 60K $24.47 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 7,500 restricted stock units, which will vest in twelve equal quarterly installments beginning on October 1, 2021, 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.
F2 The option is vested and exercisable as to 7,500 shares, and the remaining shares will vest and become exercisable in ten equal quarterly installments beginning on August 10, 2021.
F3 The option is vested and exercisable as to 15,000 shares, and the remaining shares will vest and become exercisable in twelve equal quarterly installments beginning on September 5, 2021.

Remarks:

Exhibit 24 - Power of Attorney.