0001628280-24-014636.txt : 20240403
0001628280-24-014636.hdr.sgml : 20240403
20240403170540
ACCESSION NUMBER: 0001628280-24-014636
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Binkley Megan
CENTRAL INDEX KEY: 0001828747
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39658
FILM NUMBER: 24819868
MAIL ADDRESS:
STREET 1: C/O ROOT, INC.
STREET 2: 80 E RICH STREET, SUITE 500
CITY: COLUMBUS
STATE: OH
ZIP: 43215
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Root, Inc.
CENTRAL INDEX KEY: 0001788882
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 842717903
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 80 E RICH STREET
STREET 2: SUITE 500
CITY: COLUMBUS
STATE: OH
ZIP: 43215
BUSINESS PHONE: (614) 591-4568
MAIL ADDRESS:
STREET 1: 80 E RICH STREET
STREET 2: SUITE 500
CITY: COLUMBUS
STATE: OH
ZIP: 43215
FORMER COMPANY:
FORMER CONFORMED NAME: Root Stockholdings, Inc.
DATE OF NAME CHANGE: 20190919
4
1
wk-form4_1712178329.xml
FORM 4
X0508
4
2024-04-01
0
0001788882
Root, Inc.
ROOT
0001828747
Binkley Megan
80 E RICH STREET
SUITE 500
COLUMBUS
OH
43215
0
1
0
0
Chief Financial Officer
0
Class A Common Stock
2024-04-01
4
F
0
245
60.52
D
76477
D
Class A Common Stock
2024-04-01
4
F
0
7549
60.52
D
68928
D
Class A Common Stock
2024-04-02
4
M
0
1592
0
A
70520
D
Class A Common Stock
2024-04-02
4
F
0
722
62.08
D
69798
D
Performance-Based Restricted Stock Units
2024-04-02
4
M
0
1592
0
D
2028-04-01
Class A Common Stock
1592
14330
D
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 1,592 on April 1, 2024; 3,184 on April 1, 2025; 4,777 on April 1, 2026; and 6,369 on April 1, 2027 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days on or after such date. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90.
/s/ Jodi Baker, Attorney-in-fact
2024-04-03