4//SEC Filing
Cohen & Company, LLC 4
Accession 0001213900-21-008082
CIK 0001819035other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 4:59 PM ET
Size
23.9 KB
Accession
0001213900-21-008082
Insider Transaction Report
Form 4
Metromile, Inc.INAQ
Cohen & Company, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2020-12-30−500,000→ 5,036,667 total(indirect: By LLC)→ Class A Common Stock (500,000 underlying) - Other
Class B Common Stock
2021-02-09−421,500→ 2,388,500 total(indirect: By LLC)→ Class A Common Stock (421,500 underlying) - Other
Class B Common Stock
2021-02-09−755,500→ 4,281,167 total(indirect: By LLC)→ Class A Common Stock (755,500 underlying) - Exercise/Conversion
Class A Common Stock
2021-02-09+2,388,500→ 2,841,000 total(indirect: By LLC) - Exercise/Conversion
Class A Common Stock
2021-02-09+4,281,167→ 4,281,167 total(indirect: By LLC) - Award
Class A Common Stock
2021-02-09$10.00/sh+2,500,000$25,000,000→ 2,500,000 total(indirect: By LLC) - Other
Class B Common Stock
2020-12-30+500,000→ 2,810,000 total(indirect: By LLC)→ Class A Common Stock (500,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-02-09−2,388,500→ 0 total(indirect: By LLC)→ Class A Common Stock (2,388,500 underlying) - Exercise/Conversion
Class B Common Stock
2021-02-09−4,281,167→ 0 total(indirect: By LLC)→ Class A Common Stock (4,281,167 underlying)
Footnotes (5)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F2]Represents shares of Class B common stock transferred by Dioptra Advisors II, LLC to Insurance Acquisition Sponsor II, LLC for no consideration.
- [F3]Represents shares of Class B common stock forfeited to the issuer for no consideration in connection with the issuer's initial business combination.
- [F4]The shares of Class B common stock automatically converted into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis and have no expiration date.
- [F5]These shares are held directly by one of Insurance Acquisition Sponsor II, LLC, Dioptra Advisors II, LLC or INSU PIPE Sponsor II, LLC, each of which is managed by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
Documents
Issuer
Metromile, Inc.
CIK 0001819035
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001510279
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 4:59 PM ET
- Size
- 23.9 KB