Form 4 for ROOT Root, Inc.
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-23 · accession 0001209191-21-066890 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-24 | 2021-11-23 | ROOT | Olsen Christopher | 10% | C - Cnv Deriv | — | +10.10M | 10.10M | New | — |
| DI | 2021-11-24 | 2021-11-23 | ROOT | Olsen Christopher | 10% | J - Other | $0.00 | -10.10M | 0 | -100% | $0 |
| DI | 2021-11-24 | 2021-11-23 | ROOT | Olsen Christopher | 10% | C - Cnv Deriv | $0.00 | -10.10M | 25.98M | -28% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-23 | C | A | 10,100,000 | — | 10,100,000 | I See Footnote | — | — | (F1) These shares were converted from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. (F2) The shares are held of record by DC I Investment LLC ("DC I Investment"). Christopher Olsen is the Managing Director of DC I Investment and has sole voting and dispositive power with respect to the shares held of record by DC I Investment. |
| 2 | Common | Class A Common Stock | 2021-11-23 | J | D | 10,100,000 | $0.00 | 0 | I See Footnote | — | — | (F2) The shares are held of record by DC I Investment LLC ("DC I Investment"). Christopher Olsen is the Managing Director of DC I Investment and has sole voting and dispositive power with respect to the shares held of record by DC I Investment. |
| 3 | Derivative | Class B Common Stock | 2021-11-23 | C | D | 10,100,000 | $0.00 | 25,980,779 | I See Footnote | — · — to — | 10,100,000 Class A Common Stock | (F1) These shares were converted from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. (F2) The shares are held of record by DC I Investment LLC ("DC I Investment"). Christopher Olsen is the Managing Director of DC I Investment and has sole voting and dispositive power with respect to the shares held of record by DC I Investment. (F4) 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. |