Malka Meyer's Form 4 filing
Root, Inc.ROOT · filed Nov 4, 2024
- Accession no.
- 0000950170-24-120746
- Filed
- Nov 4, 2024, 4:30 PM ET
- Trade date
- Oct 31, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 13 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.32M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Malka MeyerCIK 0001571355 | 10% Owner |
| Ribbit Capital IV, L.P.CIK 0001697450 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 31, 2024 | Class A Common Stock | CConversionAcquired | +50,959 | –F1 | – | 94,066 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −3,109 | $70.40F3 | −$218,865.83 | 90,957 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −5,381 | $71.91F4 | −$386,950.94 | 85,576 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −1,700 | $73.29F5 | −$124,590.45 | 83,876 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −8,607 | $75.18F6 | −$647,073.4 | 75,269 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −2,892 | $76.23F7 | −$220,452.53 | 72,377 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −7,653 | $76.91F8 | −$588,606.77 | 64,724 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −300 | $77.80F9 | −$23,340 | 64,424 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −3,323 | $90.23F10 | −$299,837.95 | 61,101 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −14,454 | $100.33F11 | −$1,450,207.4 | 46,647 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −2,517 | $101.57F12 | −$255,646.91 | 44,130 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −823 | $102.42F13 | −$84,291.33 | 102.4196 | Indirect | |
| Oct 31, 2024 | Class A Common Stock | SSaleDisposed | −200 | $103.44F14 | −$20,687 | 43,107 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 31, 2024 | Class A Common Stock | CConversionDisposed | −50,959 | $0.00 | $0 | 1,809,761 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents 50,959 shares converted by Ribbit Capital IV, L.P. ("Fund IV"), for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"), from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. Following the reported transaction, 50,959 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. (" Bullfrog FF").
Referenced by the price of 1 transaction in Table I.
- F3
Represents 3,109 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.12 to $70.90, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 47,850 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F4
Represents 5,381 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $71.475 to $72.035, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 42,469 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F5
Represents 1,700 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $72.51 to $74.225, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 40,769 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F6
Represents 8,607 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $74.53 to $75.465, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 32,162 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F7
Represents 2,892 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $75.55 to $76.49, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 29,270 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F8
Represents 7,653 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.59 to $77.54, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 21,617 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F9
Represents 300 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. Following the reported transaction, 21,317 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F10
Represents 3,323 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $90.00 to $90.75inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 17,994 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F11
Represents 14,454 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $100.00 to $100.75, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 3,540 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F12
Represents 2,517 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $101.00 to $101.67, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 1,023 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F13
Represents 823 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $102.34 to $102.95, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 200 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.
- F14
Represents 200 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $103.37 to $103.50, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 0 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.
Referenced by the price of 1 transaction in Table I.