David A. Friedberg - Nov 18, 2021 Form 4 Insider Report for Metromile, Inc. (MILE)

Role
Director
Signature
/s/ David A. Friedberg by Kris Tsao Cachia, Attorney-in-Fact
Stock symbol
MILE
Transactions as of
Nov 18, 2021
Transactions value $
-$6,850,000
Form type
4
Date filed
11/19/2021, 08:19 PM
Previous filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MILE Common Stock Sale -$891K -325K -37.47% $2.74 542K Nov 18, 2021 See footnote F1, F2, F3
transaction MILE Common Stock Sale -$1.16M -425K -38.32% $2.74 684K Nov 18, 2021 See footnote F1, F2, F4
transaction MILE Common Stock Sale -$4.8M -1.75M -38.34% $2.74 2.81M Nov 18, 2021 See footnote F1, F2, F5
holding MILE Common Stock 150K Nov 18, 2021 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.