3//SEC Filing
Scale Venture Partners V, L.P. 3
Accession 0001209191-20-056026
CIK 0001788882other
Filed
Oct 26, 8:00 PM ET
Accepted
Oct 27, 8:37 PM ET
Size
8.2 KB
Accession
0001209191-20-056026
Insider Transaction Report
Form 3
Root, Inc.ROOT
Scale Venture Partners V, L.P.
10% Owner
Holdings
- (indirect: See footnote)
Series C Preferred Stock
→ Common Stock (5,894,340 underlying) - (indirect: See footnote)
Series D Preferred Stock
→ Common Stock (96,698 underlying) - (indirect: See footnote)
Series E Preferred Stock
→ Common Stock (60,641 underlying)
Footnotes (3)
- [F1]Each share of Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock is convertible into Common Stock on a 1:1 basis and has no expiration date. Immediately prior to the completion of the Issuer's initial public offering, all shares of Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock will be converted into shares of Common Stock.
- [F2]Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
- [F3]The shares are held of record by Scale Venture Partners V, L.P. (SVP V). Scale Venture Management V, LLC, or SVM V, is the general partner of Scale Venture Management V, LP, which is the general partner of SVP IV. Scale Venture Management V LLC (SVM V), the ultimate general partner of SVP V, has sole voting and dispositive power with respect to the shares held by SVP V. Andy Vitus, Rory O'Driscoll, Stacey Bishop and Ariel Tseitlin, managers of SVM V, share voting and dispositive power with respect to the shares held by SVP V.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001658574
Filing Metadata
- Form type
- 3
- Filed
- Oct 26, 8:00 PM ET
- Accepted
- Oct 27, 8:37 PM ET
- Size
- 8.2 KB