Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HOOD | Restricted Stock Units | Award | $0 | +6.46K | $0.00 | 6.46K | Nov 1, 2021 | Class A Common Stock | 6.46K | Direct | F1, F2, F3 | ||
transaction | HOOD | Restricted Stock Units | Award | $0 | +3.91K | $0.00 | 3.91K | Nov 1, 2021 | Class A Common Stock | 3.91K | Direct | F1, F4, F5 |
Id | Content |
---|---|
F1 | Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
F2 | This RSU award represents the Reporting Person's initial equity grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the board of directors (the "Board") of Robinhood Markets, Inc. ("Robinhood"). |
F3 | On November 1, 2021, the Reporting Person was granted 6,456 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on February 1, 2022, with the remainder scheduled to vest in eleven (11) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. |
F4 | This RSU award represents the Reporting Person's pro-rated annual grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board. |
F5 | On November 1, 2021, the Reporting Person was granted 3,909 RSUs under the 2021 Plan. Of that amount, 985 RSUs are scheduled to vest on January 1, 2022, 1,454 RSUs are scheduled to vest on April 1, 2022, and 1,470 RSUs are scheduled to vest on July 1, 2022 (or, if earlier, the day before Robinhood's next annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. |