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