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Filing Details

Accession Number:: 0001209191-23-047234
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-08-24 17:32:09
Reporting Period:: 2023-08-22

Accepted Time:: 2023-08-24 17:32:09
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1788882	Root Inc.	ROOT	Fire, Marine & Casualty Insurance (6331)	842717903

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1913361	Mahtiyar Bonakdarpour	C/O Root, Inc. 80 E. Rich Street, Suite 500 Columbus OH 43215	Chief Technology Officer	No	Yes	No	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
Class A Common Stock	Acquisiton	2023-08-22	9,485	$8.99	292,550	No	4	P	Direct
Class A Common Stock	Acquisiton	2023-08-23	7,214	$9.78	299,764	No	4	P	Direct
Class A Common Stock	Acquisiton	2023-08-24	713	$9.83	300,477	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	168,444	Indirect	See Footnote

Footnotes

The shares were purchased at prices ranging from $8.93 to $9.00. 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 purchased at each separate price.
The shares were purchased at prices ranging from $9.21 to $9.85. 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 purchased at each separate price.
The shares were purchased at prices ranging from $9.77 to $9.85. 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 purchased at each separate price.
These shares are held by Drive Capital Overdrive Fund I, L.P. ("DCOF I") (112,469), Drive Capital Overdrive Fund I (TE), L.P. ("DCOF I TE") (54,382), and Drive Capital Overdrive Ignition Fund I, L.P. ("DCOIF I") (1,593). Drive Capital Overdrive Fund I (GP), LLC ("DCOIF I GP"), the general partner of each of DCOF I, DCOF I TE and DEOIF I, may be deemed to have sole power to vote these shares. The Reporting Person's spouse does not have voting or investment control over these shares but may be deemed to have an indirect pecuniary interest in such shares through her carried interest in DCOIF I GP. The Reporting Person's exact pecuniary interest is not readily determinable because it is subject to several variables. The Reporting Person disclaims beneficial ownership of any of these shares except to the extent of his spouse's pecuniary interest therein.