Jonathan Rubinstein - Sep 30, 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Director
Signature: /s/ Christina Lai, attorney-in-fact for Jonathan Rubinstein
Stock symbol: HOOD
Transactions as of: Sep 30, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/4/2021, 04:58 PM
Previous filing: Sep 15, 2021
Next filing: Nov 17, 2021

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	Restricted Stock Units	Award		+362			362	Sep 30, 2021	Class A Common Stock	362		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 September 30, 2021, the Reporting Person was automatically granted 362 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 September 30, 2021 closing price of $42.08 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 on January 2, 2027 or, if earlier, upon (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood.

Content

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

On September 30, 2021, the Reporting Person was automatically granted 362 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 September 30, 2021 closing price of $42.08 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 on January 2, 2027 or, if earlier, upon (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood.