Maya Prosor - Feb 21, 2024 Form 3 Insider Report for Lemonade, Inc. (LMND)

Role
Chief Business Officer
Signature
/s/ Timothy Bixby, Attorney-in-Fact for Maya Prosor
Stock symbol
LMND
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
3
Date filed
3/4/2024, 07:05 PM
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMND COMMON STOCK 79.3K Feb 21, 2024 Directly held by Cohen Holdings, LLC F1
holding LMND COMMON STOCK 927 Feb 21, 2024 Direct
holding LMND COMMON STOCK 1.31K Feb 21, 2024 Direct F2

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 Feb 21, 2024 COMMON STOCK 80K $23.69 Direct F3
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 100K $18.17 Direct F4
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 49.8K $27.35 Direct F5
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 83.7K $15.13 Direct F6
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 28.5K $79.30 Direct F7
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 65K $19.03 Direct F8
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 14.8K $44.57 Direct F9
holding LMND STOCK OPTION Feb 21, 2024 COMMON STOCK 5K $94.07 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is the owner of Cohen Holdings, LLC and has voting and dispositive control over the shares held by Cohen Holdings, LLC.
F2 This number represents restricted stock units that vest in 16 quarterly installments that began on September 1, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. These 1,309 shares are the remaining restricted stock units to vest beginning on March 1, 2024. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The option is fully vested and exercisable.
F4 The options vest in 16 quarterly installments which began on December 1, 2022. The option is vested and exercisable as to 25,000 shares.
F5 The options vest in 16 quarterly installments which began on April 5, 2022. The option is vested and exercisable as to 21,791 shares.
F6 The options vest in 16 quarterly installments which began on August 7, 2023. The option is vested and exercisable as to 10,464 shares.
F7 The options vest in 16 quarterly installments which began on September 1, 2021. The option is vested and exercisable as to 16,033 shares.
F8 The options vest in 16 quarterly installments which began on July 14, 2022. The option is vested and exercisable as to 24,378 shares.
F9 The options vest in 16 quarterly installments which began on December 6, 2021. The option is vested and exercisable as to 7,400 shares.
F10 The options vest in 16 quarterly installments which began on March 10, 2021. The option is vested and exercisable as to 3,440 shares.

Remarks:

Exhibit 24 - Power of Attorney.