Mahtiyar Bonakdarpour - 01 Apr 2022 Form 4 Insider Report for Root, Inc. (ROOT)

Role
Chief Technology Officer
Signature
/s/ Jodi Baker, Attorney-in-fact
Issuer symbol
ROOT
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4
Filing time
05 Apr 2022, 19:38:36 UTC
Previous filing
03 Mar 2022
Next filing
04 May 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 Award $0 +1,059,871 +49% $0.000000 3,235,901 01 Apr 2022 Direct F1
transaction ROOT Class A Common Stock Award $0 +1,562,746 +48% $0.000000 4,798,647 01 Apr 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of restricted stock units ("RSUs"). One-quarter of the shares subject to the RSUs vest on the first anniversary of the grant date and the remainder vest quarterly thereafter.
F2 Represents the grant of RSUs. One-half of the shares subject to the RSUs vest on the first anniversary of the grant date and the remainder vest quarterly thereafter.