EX-99.1 DOCUMENT
Published on July 23, 2014
EXHIBIT 99.1 - EXPLANATION OF RESPONSES
(1) Each share of the Issuer's Series A Convertible Preferred Stock was
converted into one share of the Issuer's common stock immediately prior to
the closing of the Issuer's initial public offering and had no expiration
date.
(2) Reflects conversion of the Issuer's Series A Convertible Preferred Stock
into common stock of the Issuer on a 1-for-1 basis immediately prior to the
closing of the Issuer's initial public offering.
(3) RenaissanceRe Ventures Ltd. directly owns common stock of the Issuer.
Renaissance Other Investments Holdings II Ltd. directly owns 100% of the
equity interests of RenaissanceRe Ventures Ltd. RenaissanceRe Holdings Ltd.
directly owns 100% of the equity interests of Renaissance Other Investments
Holdings II Ltd. and indirectly owns 100% of the equity interests of
RenaissanceRe Ventures Ltd. This report shall not be deemed an admission
that Renaissance Other Investments Holdings II Ltd. or RenaissanceRe
Holdings Ltd. is the beneficial owner of the securities reported herein for
purposes of Section 16 of the Securities Exchange Act of 1934, as amended,
or for any other purposes.
(4) Each share of the Issuer's Series B Convertible Preferred Stock was
converted into one share of the Issuer's common stock immediately prior to
the closing of the Issuer's initial public offering and had no expiration
date.
(5) Reflects conversion of the Issuer's Series B Convertible Preferred Stock
into common stock of the Issuer on a 1-for-1 basis immediately prior to the
closing of the Issuer's initial public offering.