Baiju Bhatt - Aug 2, 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Creative Officer, Director
Signature
/s/ Christina Lai, attorney-in-fact for Baiju Bhatt
Stock symbol
HOOD
Transactions as of
Aug 2, 2021
Transactions value $
$0
Form type
4
Date filed
8/3/2021, 04:58 PM
Previous filing
Jul 29, 2021
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Common Stock Other -774K -100% 0 Aug 2, 2021 Direct F1
transaction HOOD Class A Common Stock Other +774K 774K Aug 2, 2021 Direct F1
transaction HOOD Common Stock Other -60.8M -100% 0 Aug 2, 2021 By Living Trust F1
transaction HOOD Class A Common Stock Other +60.8M 60.8M Aug 2, 2021 By Living Trust F1
transaction HOOD Class A Common Stock Disposed to Issuer -60.8M -100% 0 Aug 2, 2021 By Living Trust F2
transaction HOOD Common Stock Other -565K -100% 0 Aug 2, 2021 By Family Trust F1
transaction HOOD Class A Common Stock Other +565K 565K Aug 2, 2021 By Family Trust F1
transaction HOOD Class A Common Stock Disposed to Issuer -565K -100% 0 Aug 2, 2021 By Family Trust F2
transaction HOOD Common Stock Other -1.72M -100% 0 Aug 2, 2021 By 2018 GRAT F1
transaction HOOD Class A Common Stock Other +1.72M 1.72M Aug 2, 2021 By 2018 GRAT F1
transaction HOOD Class A Common Stock Disposed to Issuer -1.72M -100% 0 Aug 2, 2021 By 2018 GRAT F2
transaction HOOD Common Stock Other -2M -100% 0 Aug 2, 2021 By 2021 GRAT F1
transaction HOOD Class A Common Stock Other +2M 2M Aug 2, 2021 By 2021 GRAT F1
transaction HOOD Class A Common Stock Disposed to Issuer -2M -100% 0 Aug 2, 2021 By 2021 GRAT F2

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
transaction HOOD Class B Common Stock Award +60.8M 60.8M Aug 2, 2021 Class A Common Stock 60.8M By Living Trust F2, F3
transaction HOOD Class B Common Stock Award +565K 565K Aug 2, 2021 Class A Common Stock 565K By Family Trust F2, F3
transaction HOOD Class B Common Stock Award +1.72M 1.72M Aug 2, 2021 Class A Common Stock 1.72M By 2018 GRAT F2, F3
transaction HOOD Class B Common Stock Award +2M 2M Aug 2, 2021 Class A Common Stock 2M By 2021 GRAT F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class A Common Stock 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.
F2 Shares of Class A Common Stock were exchanged with Robinhood for shares of Class B Common Stock on a one-for-one basis pursuant to the Exchange Agreement between the Reporting Person and Robinhood.
F3 Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis (a) at the holder's election, (b) upon certain transfers of such shares, or (c) in connection with the holder's death or disability in certain circumstances and, if not previously converted, will so convert at the earlier of (i) certain dates determined either by a vote of the holders of the shares of Class B Common Stock or by Robinhood's Board of Directors as described in Robinhood's Amended and Restated Certificate of Incorporation or (ii) August 2, 2036.