0000899243-22-039185.txt : 20221221
0000899243-22-039185.hdr.sgml : 20221221
20221221191110
ACCESSION NUMBER: 0000899243-22-039185
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221219
FILED AS OF DATE: 20221221
DATE AS OF CHANGE: 20221221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Malka Meyer
CENTRAL INDEX KEY: 0001571355
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39658
FILM NUMBER: 221479492
MAIL ADDRESS:
STREET 1: C/O MERCADOLIBRE, INC.
STREET 2: ARIAS 3751, 7TH FLOOR
CITY: BUENOS AIRES
STATE: C1
ZIP: C1C1430CRG
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bullfrog Capital GP, Ltd.
CENTRAL INDEX KEY: 0001801182
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39658
FILM NUMBER: 221479490
BUSINESS ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
BUSINESS PHONE: 6502410701
MAIL ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bullfrog Capital, L.P.
CENTRAL INDEX KEY: 0001801181
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39658
FILM NUMBER: 221479491
BUSINESS ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
BUSINESS PHONE: 6502410701
MAIL ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Root, Inc.
CENTRAL INDEX KEY: 0001788882
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 842717903
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 80 E RICH STREET
STREET 2: SUITE 500
CITY: COLUMBUS
STATE: OH
ZIP: 43215
BUSINESS PHONE: (614) 591-4568
MAIL ADDRESS:
STREET 1: 80 E RICH STREET
STREET 2: SUITE 500
CITY: COLUMBUS
STATE: OH
ZIP: 43215
FORMER COMPANY:
FORMER CONFORMED NAME: Root Stockholdings, Inc.
DATE OF NAME CHANGE: 20190919
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-12-19
0
0001788882
Root, Inc.
ROOT
0001571355
Malka Meyer
C/O RIBBIT CAPITAL
364 UNIVERSITY AVE.
PALO ALTO
CA
94301
0
0
1
0
0001801181
Bullfrog Capital, L.P.
C/O RIBBIT CAPITAL
364 UNIVERSITY AVE.
PALO ALTO
CA
94301
0
0
1
0
0001801182
Bullfrog Capital GP, Ltd.
C/O RIBBIT CAPITAL
364 UNIVERSITY AVE.
PALO ALTO
CA
94301
0
0
1
0
Class A Common Stock
2022-12-19
4
S
0
19536
4.7554
D
77907
I
By Funds
Class A Common Stock
2022-12-20
4
S
0
20000
4.8738
D
57907
I
By Funds
Class A Common Stock
2022-12-21
4
S
0
14800
4.7592
D
43107
I
By Funds
Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 19, 2022. The actual sale prices ranged from a low of $4.66 to a high of $4.98. The Reporting Persons undertake 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.
The Issuer effected a 1-for-18 reverse stock split of its Class A Common Stock and Class B Common Stock on August 12, 2022. The number of securities reported on this Form 4 has been adjusted to reflect the reverse stock split.
Shares owned following the reported transaction do not include 1,874,020 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"). Meyer Malka 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. Each of the Reporting Persons disclaims beneficial ownership with regard to such shares, except to the extent of his or its 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. Each of the Reporting Persons disclaims beneficial ownership with regard to such shares, except to the extent of his or its proportionate pecuniary interest therein.
Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 20, 2022. The actual sale prices ranged from a low of $4.72 to a high of $5.02. The Reporting Persons undertake 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 21, 2022. The actual sale prices ranged from a low of $4.70 to a high of $4.84. The Reporting Persons undertake 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.
/s/ Meyer Malka
2022-12-21
BULLFROG CAPITAL GP, LTD., By: /s/ Meyer Malka, Director
2022-12-21
BULLFROG CAPITAL, L.P., By: Bullfrog Capital GP, Ltd., general partner of general partner, By: /s/ Meyer Malka, Director
2022-12-21