4//SEC Filing
Rosenthal Daniel H 4
Accession 0001209191-20-056792
CIK 0001788882other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 8:03 PM ET
Size
25.4 KB
Accession
0001209191-20-056792
Insider Transaction Report
Form 4
Root, Inc.ROOT
Rosenthal Daniel H
DirectorChief Financial Officer
Transactions
- Other
Stock Option (Right to Buy)
2020-10-30−504,056→ 0 totalExercise: $2.40Exp: 2029-07-17→ Common Stock (504,056 underlying) - Other
Common Stock
2020-10-30−273,797→ 0 total - Other
Class B Common Stock
2020-10-30+340,247→ 340,247 total(indirect: By Spouse)→ Class A Common Stock (340,247 underlying) - Other
Common Stock
2020-10-30−340,247→ 0 total(indirect: By Spouse) - Other
Stock Option (Right to Buy)
2020-10-30+1,009,908→ 1,009,908 totalExercise: $2.40Exp: 2029-07-17→ Class B Common Stock (1,009,908 underlying) - Other
Common Stock
2020-10-30−340,247→ 0 total(indirect: See footnote) - Other
Class B Common Stock
2020-10-30+273,797→ 273,797 total→ Class A Common Stock (273,797 underlying) - Other
Stock Option (Right to Buy)
2020-10-30−1,009,908→ 0 totalExercise: $2.40Exp: 2029-07-17→ Common Stock (1,009,908 underlying) - Other
Class B Common Stock
2020-10-30+340,247→ 340,247 total(indirect: See footnote)→ Class A Common Stock (340,247 underlying) - Other
Stock Option (Right to Buy)
2020-10-30+504,056→ 504,056 totalExercise: $2.40Exp: 2029-07-17→ Class B Common Stock (504,056 underlying)
Footnotes (5)
- [F1]Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F2]The shares are held by the 2020 Daniel H. Rosenthal Family Trust for which the Reporting Person's spouse is the trustee.
- [F3]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.
- [F4]The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award vested on July 17, 2020, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service through each such vesting date.
- [F5]The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award shall vest on the date of the achievement of each of the four performance targets, subject to the Reporting Person's continuous service through each vesting date.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
Related Parties
1- filerCIK 0001827674
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 8:03 PM ET
- Size
- 25.4 KB