Root, Inc. — Director's Dealing 2021

Jun 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2021-06-14

Reporting Person: Redpoint Omega II, L.P. (10% Owner)
Reporting Person: Redpoint Omega Associates II, LLC (10% Owner)
Reporting Person: Redpoint Omega II, LLC (10% Owner)

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

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. As such, RO II LLC has sole voting and investment control over the shares owned by RO II, and may be deemed to beneficially own the shares held by RO II. RO II and Redpoint Omega Associates II, LLC ("ROA LLC") are under common control. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

F2: These shares are owned directly by ROA LLC. RO II and ROA LLC are under common control. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective 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: Represents a pro rata in kind distribution of Class A Common Stock of the Issuer by RO II LLC without consideration to its members.

F7: 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.