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Root, Inc. — Director's Dealing 2021
May 18, 2021
31970_dirs_2021-05-18_b4386bad-b4f5-4258-ae72-6b041f92c9ea.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: 2021-05-14
Reporting Person: Manges Daniel (Chief Technology Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-14 | Class A Common Stock | C | 150000 | — | Acquired | 150000 | Indirect |
| 2021-05-17 | Class A Common Stock | S | 150000 | $8.97 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-14 | Class B Common Stock | $ | C | 150000 | Disposed | Class A Common Stock (150000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 287424 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock () | 1740572 | Direct |
Footnotes
F1: 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.
F2: The shares are held by the Manges Trust dated January 27, 2016 for which the Reporting Person is a trustee.
F3: The shares were sold pursuant to a 10b5-1 trading plan.
F4: The shares were sold at prices ranging from $8.73 to $9.365. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.