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

Role: Chief Operating Officer
Signature: Brandon Webb, attorney-in-fact for Gretchen Howard
Issuer symbol: HOOD
Transactions as of: 01 Jan 2022
Net transactions value: -$456,316
Form type: 4
Filing time: 04 Jan 2022, 20:09:28 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		+65,340	+23%		347,626	01 Jan 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$456,316	-24,746	-7.1%	$18.44	322,880	03 Jan 2022	Direct	F2
holding	HOOD	Class A Common Stock						168,064	01 Jan 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	-8,214	-7.7%	$0.000000	98,571	01 Jan 2022	Class A Common Stock	8,214		Direct	F1, F3
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-36,964	-14%	$0.000000	221,785	01 Jan 2022	Class A Common Stock	36,964		Direct	F1, F4
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-20,162	-7.7%	$0.000000	241,935	01 Jan 2022	Class A Common Stock	20,162		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.