Key facts
- This page summarizes Mark Gundacker's Form 4/A - Amendment filing for Metromile, Inc..
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 10 Aug 2021, 19:35.
Key filing fact
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Received pursuant to the Agreement and Plan of Merger and Reorganization, dated as of November 24, 2020, as amended January 12, 2021 and further amended February 8, 2021, by and among INSU Acquisition Corp. II (n/k/a Metromile, Inc.) (the "Issuer"), INSU II Merger Sub Corp. and MetroMile, Inc. (n/k/a Metromile Operating Company) ("Legacy Metromile") (the "Merger Agreement") pursuant to which, through a series of mergers Legacy Metromile became a direct, wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement former securityholders of Legacy Metromile will receive additional shares of the Issuer's common stock (the "Additional Shares") if the closing sale price of the Issuer's common stock exceeds $15.00 per share for 20 out of any 30 consecutive trading days during the first two years following the closing of the merger.
Footnote F2
Includes 24,387 shares subject to restricted stock units ("RSU") and 2,904 shares to be received as Additional Shares. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Footnote F3
6/48 of share shares subject to the option vested on January 15, 2021, and 1/48 of the shares vest monthly thereafter.
Footnote F4
1/4 of the shares subject to the option vested on January 6, 2021, and 1/48 of the shares vest monthly thereafter.
SEC remarks
This amendment is being filed to correct the share amounts received in the Business Combination resulting from a post-closing correction to the final exchange ratio.