Gretchen Howard - May 1, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Operating Officer
Signature
/s/ Brandon Webb, attorney-in-fact for Gretchen Howard
Stock symbol
HOOD
Transactions as of
May 1, 2022
Transactions value $
-$39,956
Form type
4
Date filed
5/3/2022, 07:01 PM
Previous filing
Apr 4, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +8.22K +2.17% 388K May 1, 2022 Direct F1
transaction HOOD Class A Common Stock Tax liability -$40K -4.07K -1.05% $9.81 384K May 1, 2022 Direct F2
holding HOOD Class A Common Stock 168K May 1, 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 -8.22K -11.11% $0.00 65.7K May 1, 2022 Class A Common Stock 8.22K 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 8,215 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, which award 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.