Form Type: 4

SEC EDGAR Link
Accession Number:0001691421-21-000032
Date:2021-03-16
Issuer: LEMONADE, INC. (LMND)
Original Submission Date:

Reporting Person:

SEIDMAN BECKER CARYN
C/O LEMONADE, INC.
5 CROSBY STREET, 3RD FLOOR NEW YORK, NY 10013

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-03-16 M 25,000 a $5.26 25,000 direct
COMMON STOCK 2021-03-16 S 25,000 d $106.80 0 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION 5.26 2021-03-16 deemed execution date M 25,000 (d) 2028-07-11 common stock 25,000 $5.26 125,000 direct
Footnotes
IDfootnote
f1 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $106.63 to $107.26. the reporting person undertakes to provide lemonade, inc. (the "company"), any security holder of the company, or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
f2 the option is vested and exercisable as to 93,750 shares (including the 25,000 shares disposed of in this exercise) and the remaining shares will vest and become exercisable in six quarterly installments beginning on april 12, 2021.
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