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Root, Inc. — Director's Dealing 2020
Nov 4, 2020
31970_dirs_2020-11-03_b269ec7a-7bc8-4d8d-9b93-8774ba972788.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: KRAMER NANCY J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-30 | Stock Option (Right to Buy) | $8.09 | J | 75000 | Disposed | 2030-07-30 | Common Stock (75000) | Direct |
| 2020-10-30 | Stock Option (Right to Buy) | $8.09 | J | 75000 | Acquired | 2030-07-30 | Class B Common Stock (75000) | Direct |
Footnotes
F1: The shares subject to the option are immediately exercisable. The shares subject to the option vest quarterly over 48 months from July 31, 2020, subject to the Reporting Person's continuous service through each such vesting date.
F2: 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.
F3: 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.