Baiju Bhatt - 09 Dec 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Creative Officer, Director
Signature: /s/ Christina Lai, attorney-in-fact for Baiju Bhatt
Issuer symbol: HOOD
Transactions as of: 09 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 13 Dec 2021, 19:29:09 UTC
Previous filing: 03 Dec 2021
Next filing: 03 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Conversion of derivative security		+2,200,000	+217%		3,212,254	09 Dec 2021	By Living Trust	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	HOOD	Class B Common Stock	Conversion of derivative security	$0	-2,200,000	-3.6%	$0.000000	58,591,600	09 Dec 2021	Class A Common Stock	2,200,000	By Living Trust	F1, F2
holding	HOOD	Class B Common Stock						565,079	09 Dec 2021	Class A Common Stock	565,079	By Family Trust	F2
holding	HOOD	Class B Common Stock						1,720,944	09 Dec 2021	Class A Common Stock	1,720,944	By 2018 GRAT	F2
holding	HOOD	Class B Common Stock						2,000,000	09 Dec 2021	Class A Common Stock	2,000,000	By 2021 GRAT	F2

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

Explanation of Responses:

Id	Content
F1	On December 9, 2021, the Reported Person's Living Trust converted 2,200,000 shares of Class B Common Stock into Class A Common Stock. This transaction was effected pursuant to a Rule 10b5-1 instruction adopted by the Living Trust on September 3, 2021.
F2	Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis (a) at the holder's election at any time, (b) upon certain transfers of such shares, or (c) in connection with the holder's death or disability in certain circumstances and, if not previously converted, will so convert at the earlier of (i) certain dates determined either by a vote of the holders of the shares of Class B Common Stock or by Robinhood's Board of Directors as described in Robinhood's Amended and Restated Certificate of Incorporation or (ii) August 2, 2036.

Content

On December 9, 2021, the Reported Person's Living Trust converted 2,200,000 shares of Class B Common Stock into Class A Common Stock. This transaction was effected pursuant to a Rule 10b5-1 instruction adopted by the Living Trust on September 3, 2021.

Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis (a) at the holder's election at any time, (b) upon certain transfers of such shares, or (c) in connection with the holder's death or disability in certain circumstances and, if not previously converted, will so convert at the earlier of (i) certain dates determined either by a vote of the holders of the shares of Class B Common Stock or by Robinhood's Board of Directors as described in Robinhood's Amended and Restated Certificate of Incorporation or (ii) August 2, 2036.