Vikas Singhal - 06 Aug 2021 Form 4 Insider Report for Metromile, Inc.

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
10 Aug 2021, 20:45:38 UTC
Next filing
18 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MILE Common Stock Award $0 +28,384 $0.000000 28,384 06 Aug 2021 Direct F1
holding MILE Common Stock 7,662,802 06 Aug 2021 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Comprised of shares subject to restricted stock units ("RSUs"). 1/3rd of the RSUs shall vest on March 6, 2022 with the remaining RSUs vesting in equal installments of 1/12th of the total number of RSUs on each Quarterly Vesting Date (June 6, September 6, December 6 and March 6) thereafter, subject to the Reporting Person's Continuous Service through each such date.
F2 Mr. Vikas Singhal is a Partner of Hudson Structured Capital Management Ltd. ("HSCM") which manages HSCM Bermuda Fund Ltd. ("Bermuda"), HS Santanoni LP ("Santanoni"), and HSCM F1 Master Fund Ltd. ("F1 Master Fund"). HSCM is an investment adviser registered with the U.S. Securities & Exchange Commission under the Investment Advisers Act of 1940. Mr. Singhal and Michael Millette are each partners of HSCM and as such may be deemed to have voting and dispositive power over the securities held by Bermuda, Santanoni and F1 Master Fund.