Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HOOD | Class A Common Stock | Options Exercise | +121K | +92.85% | 251K | Apr 1, 2022 | Direct | F1 | ||
transaction | HOOD | Class A Common Stock | Tax liability | -$810K | -60K | -23.87% | $13.50 | 191K | Apr 1, 2022 | Direct | F2 |
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 | -121K | -7.69% | $0.00 | 1.45M | Apr 1, 2022 | Class A Common Stock | 121K | Direct | F1, F3 |
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. |