Root, Inc. — Director's Dealing 2022

Feb 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2022-02-01

Reporting Person: Timm Alexander E. (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Class A Common Stock	F	40653	$2.10	Disposed	456036	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (19015103)	19015103	Direct
Class B Common Stock	$		Class A Common Stock (194250)	194250	Indirect

Footnotes

F1: These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.

F2: 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.

F3: Includes 1,920,935 shares previously reported as held indirectly through the Timm 2020 GRAT, which shares were returned by the GRAT to the Insider on January 14, 2022 in satisfaction of the GRAT's annuity obligation. This return transaction was an exempt change in form of beneficial ownership under Rule 16a-13.

F4: The shares are held by the Timm Descendants Trust for which the Reporting Person's spouse is a trustee.