Manges Daniel 4
4 · Root, Inc. · Filed Jun 2, 2021
Insider Transaction Report
Form 4
Root, Inc.ROOT
Manges Daniel
Chief Technology Officer10% Owner
Transactions
- Sale
Class A Common Stock
2021-06-01$8.80/sh−150,000$1,320,000→ 0 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-05-28−150,000→ 10,517,397 total(indirect: See footnote)→ Class A Common Stock (150,000 underlying) - Conversion
Class A Common Stock
2021-05-28+150,000→ 150,000 total(indirect: See footnote)
Holdings
- 287,424
Class A Common Stock
- 1,740,572
Class B Common Stock
→ Class A Common Stock
Footnotes (4)
- [F1]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 shares are held by the Manges Trust dated January 27, 2016 for which the Reporting Person is a trustee.
- [F3]The shares were sold pursuant to a 10b5-1 trading plan.
- [F4]The shares were sold at prices ranging from $8.61 to $9.20. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.