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Root, Inc. — Director's Dealing 2020
Nov 4, 2020
31970_dirs_2020-11-03_f569e29e-da34-4fb7-8abe-9c91ed5dc072.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2020-10-30
Reporting Person: Timm Alexander E. (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-30 | Common Stock | J | 17094168 | — | Disposed | 0 | Direct |
| 2020-10-30 | Common Stock | J | 1920935 | — | Disposed | 0 | Indirect |
| 2020-10-30 | Common Stock | J | 194250 | — | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-30 | Class B Common Stock | $ | J | 17094168 | Acquired | Class A Common Stock (17094168) | Direct | |
| 2020-10-30 | Class B Common Stock | $ | J | 1920935 | Acquired | Class A Common Stock (1920935) | Indirect | |
| 2020-10-30 | Class B Common Stock | $ | J | 194250 | Acquired | Class A Common Stock (194250) | Indirect |
Footnotes
F1: Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B
Common Stock in an exempt transaction pursuant to Rule 16b-7.
F2: The shares are held by the Timm 2020 GRAT for which the Reporting Person is a trustee.
F3: The shares are held by the Timm Descendants Trust for which the Reporting Person's spouse is a trustee
F4: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration
date.