Form 4/A for ROOT Root, Inc.
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0001628280-24-014753 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMA | 2024-04-03 | 2024-04-01+ | ROOT | Timm Alexander E. | CEO, Dir, 10% | F - Tax | $61.66 | -13.2K | 178.0K | -7% | -$815.5K |
| DA | 2024-04-03 | 2024-04-02 | ROOT | Timm Alexander E. | CEO, Dir, 10% | M - OptEx | $0.00 | +21.0K | 187.7K | +13% | $0 |
| DA | 2024-04-03 | 2024-04-01 | ROOT | Timm Alexander E. | CEO, Dir, 10% | A - Grant | $0.00 | +15.3K | 166.7K | +10% | $0 |
| DA | 2024-04-03 | 2024-04-02 | ROOT | Timm Alexander E. | CEO, Dir, 10% | M - OptEx | $0.00 | -21.0K | 188.9K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-04-01 | F | D | 3,550 | $60.52 | 151,351 | D | — | — | (F1) These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
| 2 | Common | Class A Common Stock | 2024-04-02 | F | D | 9,676 | $62.08 | 178,009 | D | — | — | (F1) These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
| 3 | Common | Class A Common Stock | 2024-04-02 | M | A | 20,990 | $0.00 | 187,685 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-04-01 | A | A | 15,344 | $0.00 | 166,695 | D | — | — | (F2) Represents the grant of restricted stock units, one-half of which vest on April 1, 2025 and the remainder vest on April 1, 2026. |
| 5 | Derivative | Performance-Based Restricted Stock Units | 2024-04-02 | M | D | 20,990 | $0.00 | 188,906 | D | — · — to 2028-04-01 | 20,990 Class A Common Stock | (F3) 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 20,990 on April 1, 2024; 41,979 on April 1, 2025; 62,969 on April 1, 2026; and 83,958 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. |