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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
3
Accepted by SEC
29 Jul 2021, 16:42:34 UTC
Prior SEC filing
12 Jul 2021
Next SEC filing
05 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Christina Lai, attorney-in-fact for Paula Loop

Key filing fact

Paula Loop filed Form 3 for Robinhood Markets, Inc. (HOOD) on 29 Jul 2021.

Key facts

  • This page summarizes Paula Loop's Form 3 filing for Robinhood Markets, Inc. (HOOD).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Jul 2021, 16:42.

Change

  • Previous filing in this sequence was filed on 12 Jul 2021.
  • 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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported derivative securities

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

HOOD holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
28 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,223
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On June 17, 2021, the Reporting Person was granted 36,223 restricted stock units ("RSUs") under the Robinhood Markets, Inc. ("Robinhood") 2020 Equity Incentive Plan. Subject to accelerated vesting in certain circumstances, one-sixteenth (1/16) of these RSUs are scheduled to vest on October 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, which was satisfied upon the effectiveness of Robinhood's ("IPO") initial public offering registration statement on Form S-1.

Footnote F2

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 Robinhood's Amended and Restated Certificate of Incorporation immediately prior to the closing of Robinhood's IPO.

Footnote F3

RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney

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