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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.