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Filing Details

Accession Number:: 0001104659-21-000509
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-01-04 21:28:10
Reporting Period:: 2020-12-30

Accepted Time:: 2021-01-04 21:28:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1788882	Root Inc.	ROOT	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1571355	Meyer Malka	C/O Ribbit Capital 364 University Ave. Palo Alto CA 94301		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-12-30	188,976	$16.73	1,188,976	No	4	P	Indirect	By Funds
Class A Common Stock	Acquisiton	2020-12-30	500,000	$16.45	1,688,976	No	4	P	Indirect	By Funds
Class A Common Stock	Acquisiton	2020-12-30	65,000	$16.76	1,753,976	No	4	P	Indirect	By Funds

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Funds
No	4	P	Indirect	By Funds
No	4	P	Indirect	By Funds

Footnotes

Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 30, 2020. The actual sale prices ranged from a low of $16.4250 to a high of $16.8800. The Reporting Person undertakes to provide upon request of the SEC Staff, Root, Inc. or a Root, Inc. security holder full information regarding the number of shares sold at each price within the range.
Shares owned following the reported transaction do not include 33,732,922 shares of Class B Common Stock owned in the aggregate by Ribbit Capital IV, L.P. ("Fund IV") for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"), and by RT-E Ribbit Opportunity IV, LLC ("Ribbit RT-E"). The Reporting Person is the sole director of Ribbit Capital GP IV, Ltd., which is the general partner of the general partner of Fund IV and FF IV and the general partner of the managing member of RT-E, and as such, may be deemed to hold voting and investment power with respect to such shares. The Reporting Person disclaims beneficial ownership with regard to such shares, except to the extent of his proportionate pecuniary interest therein.
Consists of shares owned of record by Bullfrog Capital, L.P. (the "Fund") for itself and as nominee for Bullfrog Founder Fund, L.P. (the "FF"). The Reporting Person is the sole director of Bullfrog Capital GP, Ltd., the general partner of the general partner of each of the Fund and the FF, and as such, may be deemed to hold voting and investment power with respect to such shares. The Reporting Person disclaims beneficial ownership with regard to such shares, except to the extent of his proportionate pecuniary interest therein.
Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 30, 2020. The actual sale prices ranged from a low of $15.9500 to a high of $16.5800. The Reporting Person undertakes to provide upon request of the SEC Staff, Root, Inc. or a Root, Inc. security holder full information regarding the number of shares sold at each price within the range.
Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 30, 2020. The actual sale prices ranged from a low of $16.6800 to a high of $16.8500. The Reporting Person undertakes to provide upon request of the SEC Staff, Root, Inc. or a Root, Inc. security holder full information regarding the number of shares sold at each price within the range.