Meyer Malka - 23 Mar 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Mar 2022, 21:28:14 UTC
Next SEC filing
04 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Meyer Malka

Key filing fact

Meyer Malka filed Form 4 for Robinhood Markets, Inc. (HOOD) on 25 Mar 2022.

Key facts

  • This page summarizes Meyer Malka's Form 4 filing for Robinhood Markets, Inc. (HOOD).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Mar 2022, 21:28.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HOOD transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+17,201
Change %
Price
$0.000000
Shares after
17,201
Date
23 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
17,201
Exercise price
Footnotes
F1, F2, F3, F4
HOOD transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+3,723
Change %
Price
$0.000000
Shares after
3,723
Date
23 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,723
Exercise price
Footnotes
F1, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

Footnote F2

This RSU award represents the Reporting Person's initial equity grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the board of directors (the "Board") of Robinhood Markets, Inc. ("Robinhood").

Footnote F3

On March 23, 2022, the Reporting Person was granted 17,201 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on July 1, 2022, with the remainder scheduled to vest in eleven (11) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.

Footnote F4

The Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer any shares issued upon vesting and settlement of RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

Footnote F5

This RSU award represents the Reporting Person's pro-rated annual grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board.

Footnote F6

On March 23, 2022, the Reporting Person was granted 3,723 RSUs under the 2021 Plan. Of that amount, 335 RSUs are scheduled to vest on April 1, 2022, and 3,388 RSUs are scheduled to vest on July 1, 2022 (or, if earlier, the day before Robinhood's next annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.

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