Jonathan Rubinstein - Mar 31, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Brandon Webb, attorney-in-fact for Jonathan Rubinstein
Stock symbol
HOOD
Transactions as of
Mar 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 08:07 PM
Previous filing
Mar 3, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HOOD Class A Common Stock 4.53K Mar 31, 2022 Direct
holding HOOD Class A Common Stock 67.9K Mar 31, 2022 By Trust F1

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 +1.86K +105.81% 3.62K Mar 31, 2022 Class A Common Stock 1.86K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the acquisition of 2,082 shares for no consideration pursuant to pro-rata distributions that are exempt from Section 16 of the Securities Exchange Act of 1934, as amended, under Rule 16a-9(a). The Reporting Person's revocable trust received the shares in March 2022 from a limited partnership in which the trust is a non-managing limited partner.
F2 Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3 On March 31, 2022, the Reporting Person was automatically granted 1,859 RSUs under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of RSUs, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the March 31, 2022 closing price of $13.51 per share of Class A Common Stock, and these RSUs were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person on January 2, 2027 or, if earlier, upon (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood.