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: Manges Daniel (Chief Technology Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-30	Common Stock	J	1740572	—	Disposed	0	Direct
2020-10-30	Common Stock	J	11067397	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-30	Class B Common Stock	$	J	1740572	Acquired		Class A Common Stock (1740572)	Direct
2020-10-30	Class B Common Stock	$	J	11067397	Acquired		Class A Common Stock (11067397)	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 Manges Trust dated January 27, 2016 for which the Reporting Person is a trustee.

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.