Aparna Chennapragada - Jul 1, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Signature
/s/ Brandon Webb, attorney-in-fact for Aparna Chennapragada
Stock symbol
HOOD
Transactions as of
Jul 1, 2022
Transactions value $
-$490,604
Form type
4
Date filed
7/5/2022, 06:22 PM
Previous filing
Jun 3, 2022
Next filing
Aug 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +121K +59.2% 325K Jul 1, 2022 Direct F1
transaction HOOD Class A Common Stock Tax liability -$491K -60K -18.44% $8.18 265K Jul 1, 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 -121K -8.33% $0.00 1.33M Jul 1, 2022 Class A Common Stock 121K 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 120,967 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.