Len FW Investor, LLC bought HIPO
March 7, 2023 · Form 4 insider transaction
Len FW Investor, LLC bought 81,900 shares of Hippo Holdings Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 849 days after the transaction.
Footnotes
Represents shares of Common Stock acquired pursuant to a distribution in-kind from Fifth Wall Ventures, L.P.; Reflects a 1-for-25 reverse stock split effected by the Issuer on September 29, 2022.; The securities are directly owned by LEN FW, the sole member of which is LEN X, LLC ("LENX"), which is a wholly-owned subsidiary of Lennar Corporation ("Lennar"), a publicly traded company with its stock listed on the NYSE. LENX and Lennar are indirect beneficial owners and disclaim beneficial ownership except to the extent of their pecuniary interest therein. LEN FW holds a proxy to vote an additional 16,470 shares, but it has no pecuniary interest in those shares.