Friedberg David A 4
4 · Metromile, Inc. · Filed Nov 19, 2021
Insider Transaction Report
Form 4
Metromile, Inc.MILE
Friedberg David A
Director
Transactions
- Sale
Common Stock
2021-11-18$2.74/sh−325,000$890,500→ 542,438 total(indirect: See footnote) - Sale
Common Stock
2021-11-18$2.74/sh−425,000$1,164,500→ 684,062 total(indirect: See footnote) - Sale
Common Stock
2021-11-18$2.74/sh−1,750,000$4,795,000→ 2,814,478 total(indirect: See footnote)
Holdings
- 150,000
Common Stock
Footnotes (6)
- [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.
- [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.
- [F3]The shares are held by The Friedberg Irrevocable Remainder Trust u/a/d 5/17/2017, of which Mr. Friedberg is the trustee.
- [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.
- [F5]The shares are held by The David Friedberg Revocable Trust u/a/d 9/19/13, of which Mr. Friedberg is the trustee.
- [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.