Aparna Chennapragada - 01 Apr 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Product Officer
Signature: /s/ Brandon Webb, attorney-in-fact for Aparna Chennapragada
Issuer symbol: HOOD
Transactions as of: 01 Apr 2022
Net transactions value: -$809,676
Form type: 4
Filing time: 04 Apr 2022, 20:08:17 UTC
Previous filing: 28 Mar 2022
Next filing: 03 Jun 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		+120,968	+93%		251,246	01 Apr 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$809,676	-59,976	-24%	$13.50	191,270	01 Apr 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	-120,968	-7.7%	$0.000000	1,451,613	01 Apr 2022	Class A Common Stock	120,968		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 and settlement of 120,968 RSUs and does not represent a sale by the Reporting Person.
F3	On May 6, 2021, the Reporting Person was granted 1,935,484 RSUs under Robinhood's 2020 Equity Incentive Plan. One-sixteenth (1/16) of these RSUs were scheduled to vest on July 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.