Root, Inc. — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2020-10-30

Reporting Person: Binkley Megan (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-30	Common Stock	J	20000	—	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-30	Class B Common Stock	$	J	20000	Acquired		Class A Common Stock (20000)	Direct
2020-10-30	Stock Option (Right to Buy)	$2.40	J	20000	Disposed	2029-04-17	Common Stock (20000)	Direct
2020-10-30	Stock Option (Right to Buy)	$2.40	J	20000	Acquired	2029-04-17	Class B Common Stock (20000)	Direct
2020-10-30	Stock Option (Right to Buy)	$8.09	J	10000	Disposed	2030-08-28	Common Stock (10000)	Direct
2020-10-30	Stock Option (Right to Buy)	$8.09	J	10000	Acquired	2030-08-28	Class B Common Stock (10000)	Direct

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: 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.

F3: The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award vested on April 18, 2020, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service through each such vesting date.

F4: The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award shall vest on August 29, 2021, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service through each such vesting date