Alex Clavel - Aug 24, 2022 Form 3 Insider Report for Lemonade, Inc. (LMND)

Role: 10%+ Owner
Signature: /s/ Alex Clavel
Stock symbol: LMND
Transactions as of: Aug 24, 2022
Transactions value $: $0
Form type: 3
Date filed: 8/30/2022, 06:12 AM
Previous filing: Aug 11, 2022
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LMND	Common stock, par value $0.00001 per share						12M	Aug 24, 2022	See Explanation of Responses	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	SoftBank Group Capital Ltd has delegated all of its voting and dispositive power over the Lemonade, Inc. shares it holds to a three-member joint investment committee consisting of Daniel Schreiber, Shai Wininger, (each, a co-founder of Lemonade, Inc.) and, as of the August 24, 2022 effective date of his appointment to the joint investment committee, the Reporting Person, which shall act unanimously. The shares are directly held by SoftBank Group Capital Ltd. The Reporting Person may be deemed to have voting and dispositive power with respect to the shares held by SoftBank Group Capital Ltd. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any, 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.

Content

SoftBank Group Capital Ltd has delegated all of its voting and dispositive power over the Lemonade, Inc. shares it holds to a three-member joint investment committee consisting of Daniel Schreiber, Shai Wininger, (each, a co-founder of Lemonade, Inc.) and, as of the August 24, 2022 effective date of his appointment to the joint investment committee, the Reporting Person, which shall act unanimously. The shares are directly held by SoftBank Group Capital Ltd. The Reporting Person may be deemed to have voting and dispositive power with respect to the shares held by SoftBank Group Capital Ltd. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any, 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.