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