Gretchen Howard - Jul 28, 2021 Form 3 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Operating Officer
Signature
/s/ Christina Lai, attorney-in-fact for Gretchen Howard
Stock symbol
HOOD
Transactions as of
Jul 28, 2021
Transactions value $
$0
Form type
3
Date filed
7/29/2021, 04:41 PM
Previous filing
Jun 30, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HOOD Common Stock 33.7K Jul 28, 2021 Direct F1
holding HOOD Common Stock 172K Jul 28, 2021 By Family Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HOOD Employee Stock Option (right to buy) Jul 28, 2021 Common Stock 188K $5.93 Direct F1, F2
holding HOOD Restricted Stock Units Jul 28, 2021 Common Stock 394K Direct F1, F3, F4
holding HOOD Restricted Stock Units Jul 28, 2021 Common Stock 591K Direct F1, F4, F5
holding HOOD Restricted Stock Units Jul 28, 2021 Common Stock 486K Direct F1, F4, F6
holding HOOD Restricted Stock Units Jul 28, 2021 Common Stock 323K Direct F1, F4, F7
holding HOOD Restricted Stock Units Jul 28, 2021 Common Stock 323K Direct F1, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock will automatically be reclassified as shares of Class A Common Stock on a one-for-one basis upon the filing of the Amended and Restated Certificate of Incorporation of Robinhood Markets, Inc. ("Robinhood") immediately prior to the closing of Robinhood's initial public offering ("IPO").
F2 On February 15, 2019, the Reporting Person was granted an option to purchase 394,283 shares of Common Stock under Robinhood's Amended and Restated 2013 Stock Plan (the "2013 Plan"), which option was amended and restated on January 13, 2020. This option became exercisable as to one-fourth (1/4) of those shares on January 1, 2020, with the remainder scheduled to become exercisable in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. A portion of this option was previously exercised and the shares underlying such exercised option are reported as Common Stock in Table I.
F3 On February 15, 2019, the Reporting Person was granted 394,283 restricted stock units ("RSUs") under the 2013 Plan, which award was amended and restated on January 13, 2020. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on January 1, 2020, with the remainder scheduled to vest in thirty-six (36) equal monthly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a liquidity event, which was satisfied upon the effectiveness of Robinhood's IPO registration statement on Form S-1 ("Liquidity Event").
F4 RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
F5 On August 19, 2019, the Reporting Person was granted 591,425 RSUs under the 2013 Plan, which award was amended and restated on January 13, 2020. Subject to accelerated vesting in certain circumstances, one-eighth (1/8) of these RSUs were scheduled to vest on January 1, 2020, with the remainder scheduled to vest in fourteen (14) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
F6 On January 13, 2020, the Reporting Person was granted 486,102 RSUs under the 2013 Plan. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
F7 On December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). Subject to accelerated vesting in certain circumstances, one-sixteenth (1/16) of these RSUs were scheduled to vest on April 1, 2021, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
F8 On December 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-eighth (1/8) of these RSUs are scheduled to vest on April 1, 2023, with the remainder scheduled to vest in seven (7) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney