Jason Warnick - Dec 1, 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Financial Officer
Signature: /s/ Christina Lai, attorney-in-fact for Jason Warnick
Stock symbol: HOOD
Transactions as of: Dec 1, 2021
Transactions value $: -$733,119
Form type: 4
Date filed: 12/3/2021, 07:41 PM
Previous filing: Oct 29, 2021
Next filing: Dec 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+72.9K	+19.47%		447K	Dec 1, 2021	Direct	F1, F2
transaction	HOOD	Class A Common Stock	Tax liability	-$733K	-30.6K	-6.85%	$23.93	417K	Dec 1, 2021	Direct	F3

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	Options Exercise	$0	-29.2K	-14.29%	$0.00	175K	Dec 1, 2021	Class A Common Stock	29.2K		Direct	F1, F4, F5
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-43.7K	-11.11%	$0.00	350K	Dec 1, 2021	Class A Common Stock	43.7K		Direct	F1, F6

* 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	Reflects the acquisition of 549 shares in November 2021 under the Robinhood Markets, Inc. ("Robinhood") 2021 Employee Share Purchase Plan.
F3	Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting and settlement of 72,882 RSUs and does not represent a sale by the Reporting Person.
F4	On December 15, 2018, the Reporting Person was granted 700,000 RSUs under Robinhood's Amended and Restated 2013 Stock Plan, which award was amended and restated on January 13, 2020. One-fourth (1/4) of these RSUs were scheduled to vest on December 4, 2019, with the remainder scheduled to vest in thirty-six (36) equal monthly 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.
F5	Approximately half of 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.
F6	On January 13, 2020, the Reporting Person was granted 699,432 RSUs under Robinhood's 2020 Equity Incentive Plan. One-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, 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.