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ROOT Root Inc

56.29
-0.56 (-0.99%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Root Inc NASDAQ:ROOT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.56 -0.99% 56.29 55.00 56.23 58.97 52.37 57.64 786,688 00:50:01

Initial Statement of Beneficial Ownership (3)

18/05/2023 10:08pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Allison Jonathan
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/12/2023 

3. Issuer Name and Ticker or Trading Symbol

Root, Inc. [ROOT]
(Last)        (First)        (Middle)

C/O ROOT, INC., 80 E. RICH STREET, SUITE 500
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Administrative Officer /
(Street)

COLUMBUS, OH 43215      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 38353 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) 11/7/2018 12/12/2027 Class B Common Stock 10636 $5.148 D  
Stock Option (Right to Buy) 7/15/2020 (2)7/15/2029 Class B Common Stock 1388 $43.20 D  

Explanation of Responses:
(1) Includes 29,047 restricted stock units with various vesting schedules that are subject to the reporting person's continuous service on the applicable vesting dates.
(2) 86 options have not yet vested as of May 12, 2023, with a portion vesting monthly through July 15, 2023.

Remarks:
Exhibit List: Exhibit 24 Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Allison Jonathan
C/O ROOT, INC.
80 E. RICH STREET, SUITE 500
COLUMBUS, OH 43215


Chief Administrative Officer

Signatures
/s/ Jodi Baker, Attorney-in-fact5/18/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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