4//SEC Filing
Scale Venture Partners V, L.P. 4
Accession 0001209191-20-056769
CIK 0001788882other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 6:54 PM ET
Size
18.2 KB
Accession
0001209191-20-056769
Insider Transaction Report
Form 4
Root, Inc.ROOT
Scale Venture Partners V, L.P.
10% Owner
Transactions
- Other
Common Stock
2020-10-30−6,051,679→ 0 total(indirect: See footnote) - Conversion
Series C Preferred Stock
2020-10-30−5,894,340→ 0 total(indirect: See footnote)→ Common Stock (5,894,340 underlying) - Conversion
Series D Preferred Stock
2020-10-30−96,698→ 0 total(indirect: See footnote)→ Common Stock (96,698 underlying) - Other
Class B Common Stock
2020-10-30+6,051,679→ 6,051,679 total(indirect: See footnote)→ Class A Common Stock (6,051,679 underlying) - Conversion
Common Stock
2020-10-30+6,051,679→ 6,051,679 total(indirect: See footnote) - Conversion
Series E Preferred Stock
2020-10-30−60,641→ 0 total(indirect: See footnote)→ Common Stock (60,641 underlying)
Footnotes (6)
- [F1]The Series C Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F2]The Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F3]The Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
- [F4]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.
- [F5]Immediately prior to the completion of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F6]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.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001658574
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 6:54 PM ET
- Size
- 18.2 KB