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Root, Inc. Director's Dealing 2021

Jun 17, 2021

31970_dirs_2021-06-16_56f1b8d4-5c1a-4cab-8c06-67536fd274af.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: 2021-06-14

Reporting Person: Geidt Elliot (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-14 Class A Common Stock C 3671263 $0.00 Acquired 3671263 Indirect
2021-06-14 Class A Common Stock C 113541 $0.00 Acquired 113541 Indirect
2021-06-14 Class A Common Stock J 3671263 $0.00 Disposed 0 Indirect
2021-06-14 Class A Common Stock J 113541 $0.00 Disposed 0 Indirect
2021-06-14 Class A Common Stock J 945350 $0.00 Acquired 945350 Indirect
2021-06-14 Class A Common Stock J 945350 $0.00 Disposed 0 Indirect
2021-06-14 Class A Common Stock J 41177 $0.00 Acquired 41177 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-14 Class B Common Stock $0.00 C 3671263 Disposed Class A Common Stock (3671263) Indirect
2021-06-14 Class B Common Stock $0.00 C 113541 Disposed Class A Common Stock (113541) Indirect

Footnotes

F1: These shares are owned directly by Redpoint Omega II, L.P. ("RO II"). Redpoint Omega II, LLC ("RO II LLC") is the sole general partner of RO II. The Reporting Person is a member of RO II LLC and disclaims beneficial ownership of the shares held by RO II except to the extent of his pecuniary interest therein.

F2: These shares are owned directly by Redpoint Omega Associates II, LLC ("ROA LLC"). The Reporting Person is a member of ROA LLC and disclaims beneficial ownership of the shares held by ROA LLC except to the extent of his pecuniary interest therein.

F3: Represents a pro rata in kind distribution without consideration by RO II to its partners, including its general partner, RO II LLC.

F4: Represents a pro rata in kind distribution without consideration by ROA LLC to its members and managers.

F5: Represents the receipt of shares in the pro rata in kind distribution of Class A Common Stock of the Issuer by RO II described in footnote (3).

F6: These shares are owned directly by RO II LLC. The Reporting Person is a member of RO II LLC and disclaims beneficial ownership of the shares held by RO II LLC except to the extent of his pecuniary interest therein.

F7: Represents a pro rata in kind distribution of Class A Common Stock of the Issuer by RO II LLC without consideration to its members.

F8: Represents the receipt of shares in the pro rata in kind distributions without consideration by RO II LLC and ROA LLC described in footnotes (4) and (7).

F9: 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.