Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HOOD | Restricted Stock Units | Award | +1.39K | +99.64% | 2.78K | Mar 31, 2022 | Class A Common Stock | 1.39K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
F2 | On March 31, 2022, the Reporting Person was automatically granted 1,387 RSUs under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of RSUs, and the Robinhood 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the March 31, 2022 closing price of $13.51 per share of Class A Common Stock, and these RSUs were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person at the earliest of (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood. |