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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.