Lemonade, Inc.|4Mar 3, 6:54 PM ET

Espinel Jorge 4

4 · Lemonade, Inc. · Filed Mar 3, 2021

Form 4

Period: 2021-03-01

CBDO

Transactions

Exercise/Conversion
COMMON STOCK
2021-03-01$5.26/sh+35,000$184,100→ 35,000 total
Sale
COMMON STOCK
2021-03-01$130.00/sh−15,000$1,950,000→ 20,000 total
Sale
COMMON STOCK
2021-03-01$127.00/sh−20,000$2,540,000→ 0 total
Exercise/Conversion
COMMON STOCK
2021-03-01$23.69/sh+15,000$355,350→ 15,000 total
Sale
COMMON STOCK
2021-03-01$127.00/sh−15,000$1,905,000→ 0 total
Exercise/Conversion
STOCK OPTION
2021-03-01−35,000→ 295,000 total
Exercise: $5.26Exp: 2028-10-06→ COMMON STOCK (35,000 underlying)
Exercise/Conversion
STOCK OPTION
2021-03-01−15,000→ 35,000 total
Exercise: $23.69Exp: 2029-09-25→ COMMON STOCK (15,000 underlying)

Footnotes (3)

[F1]Represents sale pursuant to a Rule 10b5-1 trading plan.
[F2]The option is vested and exercisable as to 176,875 shares (after taking into account prior exercises, but including the 35,000 shares disposed of in this exercise) and the remaining shares will vest and become exercisable in seven quarterly installments beginning on April 1, 2021.
[F3]The option is vested and exercisable as to 15,625 shares (including the 15,000 shares disposed of in this exercise) and the remaining shares will vest and become exercisable in eleven quarterly installments beginning on March 26, 2021.

Documents

1 file