David A. Friedberg - 18 Nov 2021 Form 4 Insider Report for Metromile, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Nov 2021, 20:19:14 UTC
Prior SEC filing
28 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David A. Friedberg by Kris Tsao Cachia, Attorney-in-Fact

Key filing fact

David A. Friedberg filed Form 4 for Metromile, Inc. on 19 Nov 2021.

Key facts

  • This page summarizes David A. Friedberg's Form 4 filing for Metromile, Inc..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Nov 2021, 20:19.

Change

  • Previous filing in this sequence was filed on 28 Sep 2021.
  • Current net transaction value: -$6,850,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MILE transaction

Common Stock

Sale

Transaction value
$890,500
Shares
-325,000
Change %
-37%
Price
$2.74
Shares after
542,438
Date
18 Nov 2021
Ownership
See footnote
Footnotes
F1, F2, F3
MILE transaction

Common Stock

Sale

Transaction value
$1,164,500
Shares
-425,000
Change %
-38%
Price
$2.74
Shares after
684,062
Date
18 Nov 2021
Ownership
See footnote
Footnotes
F1, F2, F4
MILE transaction

Common Stock

Sale

Transaction value
$4,795,000
Shares
-1,750,000
Change %
-38%
Price
$2.74
Shares after
2,814,478
Date
18 Nov 2021
Ownership
See footnote
Footnotes
F1, F2, F5
MILE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
150,000
Date
18 Nov 2021
Ownership
Direct
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by Mr. Friedberg on August 12, 2021.

Footnote F2

Represents the weighted average sale price. The highest price at which shares were sold was $2.95 and the lowest price at which shares were sold was $2.69. The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.

Footnote F3

The shares are held by The Friedberg Irrevocable Remainder Trust u/a/d 5/17/2017, of which Mr. Friedberg is the trustee.

Footnote F4

The shares are held by The David Friedberg 2019 Annuity Trust u/a/d 9/26/19, of which Mr. Friedberg is the trustee.

Footnote F5

The shares are held by The David Friedberg Revocable Trust u/a/d 9/19/13, of which Mr. Friedberg is the trustee.

Footnote F6

Represents 125,001 vested restricted stock units and 24,999 restricted stock units that vest on December 6, 2021 pursuant to a previous award grant on June 3, 2021. Mr. Friedberg forfeited 350,000 of the 500,000 restricted stock units that had been granted to him on June 3, 2021.

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