Filing Details

Accession Number:
0000899243-20-030212
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-03 16:00:10
Reporting Period:
2020-10-30
Accepted Time:
2020-11-03 16:00:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1788882 Root Inc. ROOT () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1593999 Capital Partners Iii, L.p. 2770 Sand Hill Road
Menlo Park CA 94025
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-10-30 12,540,250 $0.00 12,540,250 No 4 C Direct
Class A Common Stock Disposition 2020-10-30 1,254,025 $25.52 11,286,225 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Series B Preferred Stock Disposition 2020-10-30 8,379,540 $0.00 8,379,540 $0.00
Class B Common Stock Series C Preferred Stock Disposition 2020-10-30 4,160,710 $0.00 4,160,710 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
Footnotes
  1. Each share of Series B Preferred Stock and Series C Preferred Stock (a) automatically converted into shares of Class B Common Stock at the applicable conversion ratio set forth in the Issuer's certificate of incorporation immediately prior to the completion of the Issuer's initial public offering of Class B Common Stock and (b) has no expiration date.
  2. Each outstanding share of Class B Common Stock held by the Reporting Person converted into one share of Class A Common Stock following the completion of the Issuer's initial public offering.
  3. These securities are held directly by the Reporting Person. SVB Financial Group is the managing member of SVB Capital Partners III, LLC, the general partner of the Reporting Person. SVB Financial Group is a reporting company listed on the Nasdaq Global Select Market. Certain employees of Silicon Valley Bank, a wholly-owned subsidiary of SVB Financial Group, have voting and dispositive power with respect to these shares.