Daniel M. Gallagher Jr. - 01 Jan 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Legal Officer
Signature: Brandon Webb, attorney-in-fact for Daniel M. Gallagher, Jr.
Issuer symbol: HOOD
Transactions as of: 01 Jan 2022
Net transactions value: -$145,989
Form type: 4
Filing time: 04 Jan 2022, 20:08:54 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	Options Exercise		+22,581	+31%		96,004	01 Jan 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$145,989	-7,917	-8.2%	$18.44	88,087	03 Jan 2022	Direct	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	Exercise Price	Ownership	Footnotes
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-22,581	-13%	$0.000000	158,065	01 Jan 2022	Class A Common Stock	22,581		Direct	F1, F3

* 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	Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting of 22,581 RSUs and does not represent a sale by the Reporting Person.
F3	On December 9, 2020, the Reporting Person was granted 270,968 RSUs under Robinhood's 2020 Equity Incentive Plan. One-twelfth (1/12) of these RSUs were scheduled to vest on January 1, 2021, 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.