4//SEC Filing
Geidt Elliot 4
Accession 0001209191-20-056819
CIK 0001788882other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 9:49 PM ET
Size
18.4 KB
Accession
0001209191-20-056819
Insider Transaction Report
Form 4
Root, Inc.ROOT
Geidt Elliot
Director
Transactions
- Conversion
Series C Preferred Stock
2020-10-30−13,869,030→ 0 total(indirect: See footnote)→ Common Stock (13,869,030 underlying) - Conversion
Common Stock
2020-10-30+15,139,218→ 15,139,218 total(indirect: See footnote) - Conversion
Series D Preferred Stock
2020-10-30−966,985→ 0 total(indirect: See footnote)→ Common Stock (966,985 underlying) - Conversion
Series E Preferred Stock
2020-10-30−303,203→ 0 total(indirect: See footnote)→ Common Stock (303,203 underlying) - Other
Common Stock
2020-10-30−15,139,218→ 0 total(indirect: See footnote) - Other
Class B Common Stock
2020-10-30+15,139,218→ 15,139,218 total(indirect: See footnote)→ Class A Common Stock (15,139,128 underlying)
Footnotes (10)
- [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.
- [F10]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 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]Includes 14,685,053 shares held by Redpoint Omega II, L.P. ("RO II") and 454,165 shares held by Redpoint Omega Associates II, LLC ("ROA II").
- [F5]Redpoint Omega II, LLC ("RO II LLC"), is the sole general partner of RO II. The Reporting Person is a member of RO II LLC and ROA II. The Reporting Person disclaims beneficial ownership of the shares held by RO II and ROA II except to the extent of his proportionate pecuniary interest therein.
- [F6]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.
- [F7]Includes 13,452,970 shares held by RO II and 416,060 shares held by ROA II.
- [F8]Includes 937,976 shares held by RO II and 29,009 shares held by ROA II.
- [F9]Includes 294,107 shares held by RO II and 9,096 shares held by ROA II.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
Related Parties
1- filerCIK 0001825792
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 9:49 PM ET
- Size
- 18.4 KB