Doug Ulman - Aug 16, 2023 Form 4 Insider Report for Root, Inc. (ROOT)

Role
Director
Signature
/s/ Jodi Baker, Attorney-in-fact
Stock symbol
ROOT
Transactions as of
Aug 16, 2023
Transactions value $
$0
Form type
4
Date filed
8/18/2023, 04:05 PM
Previous filing
Jun 9, 2022
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROOT Class A Common Stock Award $0 +7.79K +100.48% $0.00 15.5K Aug 16, 2023 Direct F1, F2
holding ROOT Class A Common Stock 9.61K Aug 16, 2023 See Footnote F2, F3
* 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"). Half of the shares subject to the RSUs vest on date of the Company's 2024 Annual Meeting of Stockholders, and the other half vest on date of the Company's 2025 Annual Meeting of Stockholders.
F2 The issuer effected a 1-for-18 reverse stock split of its Class A Common Stock and Class B Common Stock on August 12, 2022. The number of securities reported on this Form 4 has been adjusted to reflect the reverse stock split.
F3 Shares held by the Douglas E Ulman 2016 Irrevocable Trust, for which the reporting person's spouse is the trustee.