| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| DRIVE CAPITAL OVERDRIVE FUND I, L.P. | 10%+ Owner | 629 N. HIGH STREET, 6TH FLOOR, COLUMBUS | Drive Capital Overdrive Fund I, L.P., by: Drive Capital Overdrive Fund I (GP), LLC, its: General Partner, by: /s/ Christopher Olsen, Managing Member | 2025-05-23 | 0001773446 |
| DRIVE CAPITAL OVERDRIVE FUND I (TE), L.P. | 10%+ Owner | 629 N. HIGH STREET, 6TH FLOOR, COLUMBUS | Drive Capital Overdrive Ignition Fund I, L.P., by: Drive Capital Overdrive Fund I (GP), LLC, its General Partner, by: /s/ Christopher Olsen, Managing Member | 2025-05-23 | 0001773441 |
| Drive Capital Overdrive Ignition Fund I, L.P. | 10%+ Owner | 629 N. HIGH STREET, 6TH FLOOR, COLUMBUS | Drive Capital Overdrive Fund I (TE), L.P., by: Drive Capital Overdrive Fund I (GP), LLC, its: General Partner, by: /s/ Christopher Olsen, Managing Member | 2025-05-23 | 0001799650 |
| Drive Capital Overdrive Fund I (GP), LLC | 10%+ Owner | 629 N. HIGH STREET, 6TH FLOOR, COLUMBUS | Drive Capital Overdrive Fund I (GP), LLC, by: /s/ Christopher Olsen, Managing Member | 2025-05-23 | 0001830378 |
| Drive Capital I (GP) LLC | 10%+ Owner | 629 N. HIGH STREET, 6TH FLOOR, COLUMBUS | Drive Capital I (GP), LLC, by: /s/ Christopher Olsen, Managing Member | 2025-05-23 | 0001867317 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ROOT | Class A Common Stock | Conversion of derivative security | +1.44M | 1.44M | May 21, 2025 | See Footnote | F1, F2 | |||
| transaction | ROOT | Class A Common Stock | Other | $0 | -1.44M | -100% | $0.00 | 0 | May 21, 2025 | See Footnote | F2, F3 |
| transaction | ROOT | Class A Common Stock | Other | $0 | +340K | $0.00 | 340K | May 21, 2025 | See Footnote | F4, F5 | |
| holding | ROOT | Class A Common Stock | 112K | May 21, 2025 | See Footnote | F6 | |||||
| holding | ROOT | Class A Common Stock | 54.4K | May 21, 2025 | See Footnote | F7 | |||||
| holding | ROOT | Class A Common Stock | 1.59K | May 21, 2025 | See Footnote | F8 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ROOT | Class B Common Stock | Conversion of derivative security | $0 | -1.44M | -100% | $0.00 | 0 | May 21, 2025 | Class A Common Stock | 1.44M | See Footnote | F2, F9 |
Drive Capital Overdrive Fund I, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| 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 ("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. |
| F3 | Represents a pro-rata, in-kind distribution by DC I Investment to its indirect equity holders, without additional consideration. DC I Investment distributed an aggregate of 1,103,520 shares to the limited partners of its two members, Drive Capital Fund I, L.P. ("Fund I") and Drive Capital Ignition Fund I, L.P. ("Ignition Fund I") and 339,856 shares to the general partner of Fund I and Ignition Fund I, Drive Capital I (GP), LLC ("GP I"), on a pro rata basis. |
| F4 | The shares were obtained pursuant to a pro-rata distribution from DC I Investment, for no consideration. |
| F5 | The shares are held of record by GP I. Olsen is the managing member of GP I and has voting and dispositive power with respect to the shares held of record by GP I. Olsen disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F6 | The shares are held of record by Drive Capital Overdrive Fund I, L.P. ("Overdrive I"). Drive Capital Overdrive Fund I (GP), LLC ("Overdrive GP I") is the General Partner of Overdrive I. Olsen is the managing member of Overdrive GP I and has voting and dispositive power with respect to the shares held of record by Overdrive I. Overdrive GP I and Olsen disclaim beneficial ownership of such shares except to the extent of their pecuniary interests therein. |
| F7 | The shares are held of record by Drive Capital Overdrive Fund I (TE), L.P. ("Overdrive TE I"). Overdrive GP I is the General Partner of Overdrive TE I. Olsen is the managing member of Overdrive GP I and has voting and dispositive power with respect to the shares held of record by Overdrive TE I. Overdrive GP I and Olsen disclaim beneficial ownership of such shares except to the extent of their pecuniary interests therein. |
| F8 | The shares are held of record by Drive Capital Overdrive Ignition Fund I, L.P. ("Overdrive Ignition I"). Overdrive GP I is the General Partner of Overdrive Ignition I. Olsen is the managing member of Overdrive GP I and has voting and dispositive power with respect to the shares held of record by Overdrive Ignition I. Overdrive GP I and Olsen disclaim beneficial ownership of such shares except to the extent of their pecuniary interests therein. |
| F9 | 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. |
This Form 4 is one of two Form 4s filed on the date hereof with respect to the conversion and distribution of these shares. The Reporting Person for the other Form 4 is Christopher Olsen.