0001628280-24-014637.txt : 20240403 0001628280-24-014637.hdr.sgml : 20240403 20240403170640 ACCESSION NUMBER: 0001628280-24-014637 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: Allison Jonathan CENTRAL INDEX KEY: 0001977858 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39658 FILM NUMBER: 24819879 MAIL ADDRESS: STREET 1: 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_1712178388.xml FORM 4 X0508 4 2024-04-01 0 0001788882 Root, Inc. ROOT 0001977858 Allison Jonathan C/O ROOT, INC. 80 E. RICH STREET, SUITE 500 COLUMBUS OH 43215 0 1 0 0 Chief Administrative Officer 0 Class A Common Stock 2024-04-01 4 F 0 1066 60.52 D 74557 D Class A Common Stock 2024-04-01 4 F 0 4573 60.52 D 69984 D Class A Common Stock 2024-04-02 4 M 0 2147 0 A 72131 D Class A Common Stock 2024-04-02 4 F 0 974 62.08 D 71157 D Performance-Based Restricted Stock Units 2024-04-02 4 M 0 2147 0 D 2028-04-01 Class A Common Stock 2147 19326 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 2,147 on April 1, 2024; 4,295 on April 1, 2025; 6,442 on April 1, 2026; and 8,589 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