Hemal Shah - 15 Nov 2021 Form 4 Insider Report for Root, Inc. (ROOT)

Role
Chief Product Officer
Signature
/s/ Jodi Baker, Attorney-in-Fact for Hemal Shah
Issuer symbol
ROOT
Transactions as of
15 Nov 2021
Net transactions value
-$213,330
Form type
4
Filing time
17 Nov 2021, 16:40:21 UTC
Previous filing
01 Jul 2021
Next filing
03 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROOT Class A Common Stock Sale $213,330 -41,666 -8.2% $5.12 466,887 15 Nov 2021 Direct F1, F2
transaction ROOT Class A Common Stock Award $0 +457,566 +98% $0.000000 924,453 15 Nov 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.985 to $5.435, inclusive. The reporting person will provide upon request to the SEC, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 Represents the grant of restricted stock units ("RSUs"). The shares subject to the RSUs vest on June 15, 2023.