Gretchen Howard - Jan 1, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Signature
Brandon Webb, attorney-in-fact for Gretchen Howard
Stock symbol
HOOD
Transactions as of
Jan 1, 2022
Transactions value $
-$456,316
Form type
4
Date filed
1/4/2022, 08:09 PM
Previous filing
Dec 3, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +65.3K +23.15% 348K Jan 1, 2022 Direct F1
transaction HOOD Class A Common Stock Tax liability -$456K -24.7K -7.12% $18.44 323K Jan 3, 2022 Direct F2
holding HOOD Class A Common Stock 168K Jan 1, 2022 By Family Trust

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 -8.21K -7.69% $0.00 98.6K Jan 1, 2022 Class A Common Stock 8.21K Direct F1, F3
transaction HOOD Restricted Stock Units Options Exercise $0 -37K -14.29% $0.00 222K Jan 1, 2022 Class A Common Stock 37K Direct F1, F4
transaction HOOD Restricted Stock Units Options Exercise $0 -20.2K -7.69% $0.00 242K Jan 1, 2022 Class A Common Stock 20.2K Direct F1, F5
* 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 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 65,340 RSUs and does not represent a sale by the Reporting Person.
F3 On February 15, 2019, the Reporting Person was granted 394,283 RSUs under Robinhood's Amended and Restated 2013 Stock Plan (the "2013 Plan"), which awards was amended and restated on January 13, 2020. One-fourth (1/4) of these RSUs were scheduled to vest on January 1, 2020, 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.
F4 On August 19, 2019, the Reporting Person was granted 591,425 RSUs under the 2013 Stock Plan which award was amended and restated on January 13, 2020. One-eighth (1/8) of these RSUs were scheduled to vest on January 1, 2020, with the remainder scheduled to vest in fourteen (14) 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.
F5 On December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan. One-sixteenth (1/16) of these RSUs were scheduled to vest on April 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.