Paula Loop - Jun 22, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Brandon Webb, attorney-in-fact for Paula Loop
Stock symbol
HOOD
Transactions as of
Jun 22, 2022
Transactions value $
$0
Form type
4
Date filed
6/23/2022, 07:08 PM
Previous filing
Jun 17, 2022
Next filing
Jul 5, 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 +30K $0.00 30K Jun 22, 2022 Class A Common Stock 30K Direct F1, F2, 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 This RSU award represents the Reporting Person's annual grant pursuant to the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood") and was granted automatically on the date of Robinhood's annual meeting of stockholders.
F3 On June 22, 2022, the Reporting Person was granted 30,040 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2022, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's next annual meeting of stockholders), 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person on December 1, 2026 or, if earlier, upon (1) the termination of her service with Robinhood, (2) her death or disability, or (3) a change in control of Robinhood.