Aparna Chennapragada - 01 Jan 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Product Officer
Signature
Brandon Webb, attorney-in-fact for Aparna Chennapragada
Issuer symbol
HOOD
Transactions as of
01 Jan 2022
Net transactions value
-$964,873
Form type
4
Filing time
04 Jan 2022, 19:52:28 UTC
Previous filing
29 Oct 2021
Next filing
28 Mar 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 Options Exercise +120,968 +196% 182,603 01 Jan 2022 Direct F1, F2
transaction HOOD Class A Common Stock Tax liability $964,873 -52,325 -29% $18.44 130,278 03 Jan 2022 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 -120,968 -7.1% $0.000000 1,572,581 01 Jan 2022 Class A Common Stock 120,968 Direct F1, F4
* 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 643 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 of 120,968 RSUs and does not represent a sale by the Reporting Person.
F4 On May 6, 2021, the Reporting Person was granted 1,935,484 RSUs under Robinhood's 2020 Equity Incentive Plan. One-sixteenth (1/16) of these RSUs were scheduled to vest on July 1, 2021, with the remainder scheduled to vest in fifteen (15) 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.