Daniel H. Rosenthal - 01 Feb 2022 Form 4 Insider Report for Root, Inc. (ROOT)

Role
Ch.Rev.Ofc, COO, CFO, Director
Signature
/s/ Megan Binkley, Attorney-in-fact
Issuer symbol
ROOT
Transactions as of
01 Feb 2022
Net transactions value
-$55,509
Form type
4
Filing time
03 Feb 2022, 16:10:45 UTC
Previous filing
07 May 2021
Next filing
25 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 Tax liability $55,509 -26,433 -9.2% $2.10 259,991 01 Feb 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ROOT Class B Common Stock Gift $0 -340,247 -100% $0.000000* 0 17 Aug 2021 Class A Common Stock 340,247 By Spouse F2
transaction ROOT Class B Common Stock Gift $0 +340,247 $0.000000 340,247 17 Aug 2021 Class A Common Stock 340,247 See footnote F2, F3
holding ROOT Class B Common Stock 273,797 01 Feb 2022 Class A Common Stock 273,797 Direct F2
holding ROOT Class B Common Stock 340,247 01 Feb 2022 Class A Common Stock 340,247 See footnote F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
F2 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.
F3 Shares held by the 2020 Courtney A. Granville Family Trust, for which the Reporting Person and a sibling are co-trustees.
F4 Shares held by the 2020 Daniel H. Rosenthal Family Trust, for which the Reporting Person's spouse is the trustee.