Root, Inc. — Director's Dealing 2021

Jun 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2021-05-28

Reporting Person: Manges Daniel (Chief Technology Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-28	Class A Common Stock	C	150000	—	Acquired	150000	Indirect
2021-06-01	Class A Common Stock	S	150000	$8.80	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-28	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 $8.61 to $9.20. 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.