Frances Frei - Nov 15, 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
Christina Lai, attorney-in-fact for Frances Frei
Stock symbol
HOOD
Transactions as of
Nov 15, 2021
Transactions value $
$0
Form type
4
Date filed
11/17/2021, 07:44 PM
Previous filing
Jul 7, 2021
Next filing
Jan 4, 2022

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 $0 +6.44K $0.00 6.44K Nov 15, 2021 Class A Common Stock 6.44K Direct F1, F2, F3
transaction HOOD Restricted Stock Units Award $0 +3.65K $0.00 3.65K Nov 15, 2021 Class A Common Stock 3.65K Direct F1, F4, F5
* 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 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 15, 2021 the Reporting Person was granted 6,435 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on March 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 15, 2021, the Reporting Person was granted 3,649 RSUs under the 2021 Plan. Of that amount, 752 RSUs are scheduled to vest on January 1, 2022, 1,440 RSUs are scheduled to vest on April 1, 2022, and 1,457 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.