Daniel M. Gallagher Jr. - 01 Jul 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Legal Officer
Signature: /s/ Brandon Webb, attorney-in-fact for Daniel M. Gallagher, Jr.
Issuer symbol: HOOD
Transactions as of: 01 Jul 2022
Net transactions value: -$89,219
Form type: 4
Filing time: 05 Jul 2022, 18:22:44 UTC
Previous filing: 03 Jun 2022
Next filing: 03 Aug 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		+22,580	+8.2%		296,650	01 Jul 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$89,219	-10,907	-3.7%	$8.18	285,743	01 Jul 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	-22,580	-17%	$0.000000	112,904	01 Jul 2022	Class A Common Stock	22,580		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 22,580 RSUs and does not represent a sale by the Reporting Person.
F3	On December 9, 2020, the Reporting Person was granted 270,968 RSUs under Robinhood's 2020 Equity Incentive Plan. One-twelfth (1/12) of these RSUs were scheduled to vest on January 1, 2021, with the remainder scheduled to vest in eleven (11) 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.