| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOOD | Class A Common Stock | Options Exercise | +103K | +215.4% | 150K | Dec 1, 2021 | Direct | F1 | ||
| transaction | HOOD | Class A Common Stock | Tax liability | -$1.19M | -49.5K | -32.99% | $23.93 | 101K | Dec 1, 2021 | Direct | F2 |
| transaction | HOOD | Class A Common Stock | Sale | -$649K | -27.2K | -27.02% | $23.88 | 73.4K | Dec 2, 2021 | Direct | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOOD | Restricted Stock Units | Options Exercise | $0 | -19.3K | -9.09% | $0.00 | 193K | Dec 1, 2021 | Class A Common Stock | 19.3K | Direct | F1, F5, F6 | |
| transaction | HOOD | Restricted Stock Units | Options Exercise | $0 | -83.3K | -9.09% | $0.00 | 833K | Dec 1, 2021 | Class A Common Stock | 83.3K | Direct | F1, F6, F7 |
| Id | Content |
|---|---|
| F1 | Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| F2 | Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 102,528 RSUs and does not represent a sale by the Reporting Person. |
| F3 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in July 2021. |
| F4 | This transaction was executed in multiple trades during the day at prices ranging from $23.3700 to $24.2450. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were made. |
| F5 | On June 16, 2020, the Reporting Person was granted 308,419 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 plan"). One-fourth (1/4) of these RSUs were scheduled to vest on May 12, 2021, with the remainder scheduled to vest in twelve (12) 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. On September 8, 2021, the RSU award was amended to move each subsequent vesting date to the first day of the calendar month in which it was otherwise scheduled to occur. |
| F6 | The settlement transaction reported on this line represents RSUs that vested on November 1, 2021, for which Robinhood delayed settlement until the expiration of its initial public offering lock-up period. |
| F7 | On September 3, 2020, the Reporting Person was granted 1,332,014 RSUs under the 2020 Plan. One-fourth (1/4) of these RSUs were scheduled to vest on May 12, 2021, with the remainder scheduled to vest in twelve (12) 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. On September 8, 2021, the RSU award was amended to move each subsequent vesting date to the first day of the calendar month in which it was otherwise scheduled to occur. |