Geidt Elliot 4
4 · Root, Inc. · Filed Jun 16, 2021
Insider Transaction Report
Form 4
Root, Inc.ROOT
Geidt Elliot
Director
Transactions
- Other
Class A Common Stock
2021-06-14+41,177→ 41,177 total - Conversion
Class B Common Stock
2021-06-14−3,671,263→ 11,013,790 total(indirect: By Redpoint Omega II, L.P.)Exercise: $0.00→ Class A Common Stock (3,671,263 underlying) - Other
Class A Common Stock
2021-06-14−3,671,263→ 0 total(indirect: By Redpoint Omega II, L.P.) - Conversion
Class A Common Stock
2021-06-14+3,671,263→ 3,671,263 total(indirect: By Redpoint Omega II, L.P.) - Conversion
Class A Common Stock
2021-06-14+113,541→ 113,541 total(indirect: By LLC) - Other
Class A Common Stock
2021-06-14+945,350→ 945,350 total(indirect: By LLC) - Other
Class A Common Stock
2021-06-14−113,541→ 0 total(indirect: By LLC) - Conversion
Class B Common Stock
2021-06-14−113,541→ 340,624 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (113,541 underlying) - Other
Class A Common Stock
2021-06-14−945,350→ 0 total(indirect: By LLC)
Footnotes (9)
- [F1]These shares are owned directly by Redpoint Omega II, L.P. ("RO II"). 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 disclaims beneficial ownership of the shares held by RO II except to the extent of his pecuniary interest therein.
- [F2]These shares are owned directly by Redpoint Omega Associates II, LLC ("ROA LLC"). The Reporting Person is a member of ROA LLC and disclaims beneficial ownership of the shares held by ROA LLC except to the extent of his pecuniary interest therein.
- [F3]Represents a pro rata in kind distribution without consideration by RO II to its partners, including its general partner, RO II LLC.
- [F4]Represents a pro rata in kind distribution without consideration by ROA LLC to its members and managers.
- [F5]Represents the receipt of shares in the pro rata in kind distribution of Class A Common Stock of the Issuer by RO II described in footnote (3).
- [F6]These shares are owned directly by RO II LLC. The Reporting Person is a member of RO II LLC and disclaims beneficial ownership of the shares held by RO II LLC except to the extent of his pecuniary interest therein.
- [F7]Represents a pro rata in kind distribution of Class A Common Stock of the Issuer by RO II LLC without consideration to its members.
- [F8]Represents the receipt of shares in the pro rata in kind distributions without consideration by RO II LLC and ROA LLC described in footnotes (4) and (7).
- [F9]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.