AI assistant
Root, Inc. — Director's Dealing 2020
Oct 28, 2020
31970_dirs_2020-10-27_9bead865-4847-4ef1-83dd-1a37749623e4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2020-10-27
Reporting Person: Binkley Megan (Chief Accounting Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.40 | 2029-04-17 | Common Stock (20000) | Direct | |
| Stock Option (Right to Buy) | $8.09 | 2030-08-28 | Common Stock (10000) | Direct |
Footnotes
F1: Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's
initial public offering of Class A Common Stock.
F2: 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.
F3: 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