Gretchen Howard - 01 Aug 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Operating Officer
Signature: /s/ Brandon Webb, attorney-in-fact for Gretchen Howard
Issuer symbol: HOOD
Transactions as of: 01 Aug 2022
Net transactions value: -$36,820
Form type: 4
Filing time: 03 Aug 2022, 19:00:57 UTC
Previous filing: 05 Jul 2022
Next filing: 02 Sep 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		+8,214	+1.8%		456,338	01 Aug 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$36,820	-4,073	-0.89%	$9.04	452,265	01 Aug 2022	Direct	F2
holding	HOOD	Class A Common Stock						168,064	01 Aug 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	-8,214	-17%	$0.000000	41,072	01 Aug 2022	Class A Common Stock	8,214		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 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 8,214 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 (the "2013 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.