Redpoint Omega II, LLC 4

Accession 0001209191-20-056820

CIK 0001788882other

View on SEC.gov Company Profile

Filed

Nov 2, 7:00 PM ET

Accepted

Nov 3, 9:50 PM ET

Size

22.1 KB

Accession

0001209191-20-056820

Insider Transaction Report

Form 4

Period: 2020-10-30

Root, Inc.ROOT

Redpoint Omega Associates II, LLC

10% Owner

Transactions

Other
Common Stock
2020-10-30−15,139,218→ 0 total(indirect: See footnote)
Conversion
Common Stock
2020-10-30+15,139,218→ 15,139,218 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)
Conversion
Series E Preferred Stock
2020-10-30−303,203→ 0 total(indirect: See footnote)
→ Common Stock (303,203 underlying)
Conversion
Series C Preferred Stock
2020-10-30−13,869,030→ 0 total(indirect: See footnote)
→ Common Stock (13,869,030 underlying)
Conversion
Series D Preferred Stock
2020-10-30−966,985→ 0 total(indirect: See footnote)
→ Common Stock (966,985 underlying)

Redpoint Omega II, LLC

10% Owner

Transactions

Conversion
Series C Preferred Stock
2020-10-30−13,869,030→ 0 total(indirect: See footnote)
→ Common Stock (13,869,030 underlying)
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)
Other
Common Stock
2020-10-30−15,139,218→ 0 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
Common Stock
2020-10-30+15,139,218→ 15,139,218 total(indirect: See footnote)
Conversion
Series E Preferred Stock
2020-10-30−303,203→ 0 total(indirect: See footnote)
→ Common Stock (303,203 underlying)

Redpoint Omega II, L.P.

10% Owner

Transactions

Conversion
Series C Preferred Stock
2020-10-30−13,869,030→ 0 total(indirect: See footnote)
→ Common Stock (13,869,030 underlying)
Conversion
Series E Preferred Stock
2020-10-30−303,203→ 0 total(indirect: See footnote)
→ Common Stock (303,203 underlying)
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)
Conversion
Common Stock
2020-10-30+15,139,218→ 15,139,218 total(indirect: See footnote)
Other
Common Stock
2020-10-30−15,139,218→ 0 total(indirect: See footnote)
Conversion
Series D Preferred Stock
2020-10-30−966,985→ 0 total(indirect: See footnote)
→ Common Stock (966,985 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. RO II LLC and ROA LLC are under common control. As such, RO II LLC has sole voting and investment control over the shares owned by RO II, and may be deemed to beneficially own the shares held by RO II. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective 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

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Root, Inc.

CIK 0001788882

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001532951

Filing Metadata

Form type: 4
Filed: Nov 2, 7:00 PM ET
Accepted: Nov 3, 9:50 PM ET
Size: 22.1 KB

View on SEC.gov