Alexander E. Timm - May 2, 2022 Form 4 Insider Report for Root, Inc. (ROOT)

Signature
/s/ Jodi Baker, Attorney-in-fact
Stock symbol
ROOT
Transactions as of
May 2, 2022
Transactions value $
-$18,439
Form type
4
Date filed
5/4/2022, 05:10 PM
Previous filing
Feb 3, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROOT Class A Common Stock Tax liability -$18.4K -9.65K -2.12% $1.91 446K May 2, 2022 Direct F1
transaction ROOT Class A Common Stock Award $0 +1.11M +248.35% $0.00 1.55M May 2, 2022 Direct F2
* 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 Represents the grant of restricted stock units ("RSUs"). One-half of the shares subject to the RSUs vest on April 1, 2023 and the remainder vest quarterly thereafter.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney