4//SEC Filing
Ulman Doug 4
Accession 0001628280-25-013118
CIK 0001788882other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:15 PM ET
Size
15.0 KB
Accession
0001628280-25-013118
Insider Transaction Report
Form 4
Root, Inc.ROOT
Ulman Doug
Director
Transactions
- Conversion
Class B Common Stock
2025-03-13−4,000→ 0 total→ Class A Common Stock (4,000 underlying) - Conversion
Class A Common Stock
2025-03-13+4,000→ 10,201 total - Sale
Class A Common Stock
2025-03-13$138.53/sh−4,000$554,120→ 6,201 total - Exercise/Conversion
Class B Common Stock
2025-03-13$0.65/sh+4,000$2,592→ 4,000 total→ Class A Common Stock (4,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2025-03-13−4,000→ 35,352 totalExercise: $0.65Exp: 2027-01-17→ Class B Common Stock (4,000 underlying)
Holdings
- 10,401(indirect: See Footnote)
Class A Common Stock
- 9,606(indirect: See Footnote)
Class A Common Stock
Footnotes (6)
- [F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- [F2]On March 13, 2025, the Reporting Person exercised stock options regarding 4,000 shares of Class B Common Stock (the "Exercise"). Under the terms of the Exercise, the Reporting received 4,000 shares of Class A Common Stock rather than Class B Common Stock. This report reflects the Exercise as the exempt disposition of the stock options, a deemed exempt acquisition of the underlying Class B Common Stock, and a deemed exempt conversion of such Class B Common Stock into Class A Common Stock.
- [F3]The shares were sold pursuant to a 10b5-1 trading plan.
- [F4]Shares held by the Douglas E Ulman 2016 Irrevocable Trust, for which the reporting person's spouse is the trustee.
- [F5]Shares held by the Douglas E. Ulman Revocable Trust dated March 17, 2016.
- [F6]The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award vested on October 29, 2017, and thereafter one-forty-eighth of the shares subject to the option award vested monthly.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
Related Parties
1- filerCIK 0001827699
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:15 PM ET
- Size
- 15.0 KB