SC ISRAEL VENTURE V (TTGP), LTD. 3
3 · Lemonade, Inc. · Filed Jul 2, 2020
Insider Transaction Report
Form 3
Lemonade, Inc.LMND
SC ISRAEL VENTURE V (TTGP), LTD.
10% Owner
Holdings
- (indirect: See footnote)
Series Seed Preferred Stock
→ Common Stock (3,952,570 underlying) - (indirect: See footnote)
Series A Preferred Stock
→ Common Stock (489,473 underlying) - (indirect: See footnote)
Series B Preferred Stock
→ Common Stock (97,020 underlying)
Footnotes (2)
- [F1]Shares directly held by Sequoia Capital Israel Venture V Holdings, L.P. ("Sequoia Capital Israel Venture V Holdings"). SC Israel Venture V (TTGP), Ltd. is the general partner of SC Israel Venture V Management, L.P., which is the general partner of Sequoia Capital Israel Venture Fund V, L.P. and Sequoia Capital Israel Venture V Principals Fund, L.P., which together own 100% of the outstanding shares of Sequoia Capital Israel Venture V Holdings. As such, each of these entities may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Israel Venture V Holdings. Each of the filing persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F2]Each share of the Issuer's preferred stock is convertible on a one-to-one basis into shares of the Issuer's common stock at the holder's election and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering.