Daniel M. Gallagher Jr - Mar 24, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Signature
/s/ Brandon Webb, attorney-in-fact for Daniel M. Gallagher, Jr.
Stock symbol
HOOD
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
4
Date filed
3/28/2022, 09:15 PM
Previous filing
Mar 8, 2022
Next filing
Apr 4, 2022

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 Award $0 +463K $0.00 463K Mar 24, 2022 Class A Common Stock 463K Direct F1, F2
transaction HOOD Restricted Stock Units Award $0 +193K $0.00 193K Mar 24, 2022 Class A Common Stock 193K 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 On March 24, 2022, the Reporting Person was granted 462,963 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs are scheduled to vest on June 1, 2022, 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.
F3 On March 24, 2022, the Reporting Person was granted 192,901 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on July 1, 2024, with the remainder scheduled to vest in three (3) 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.