Jason Warnick - Sep 1, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Financial Officer
Signature: /s/ Brandon Webb, attorney-in-fact for Jason Warnick
Stock symbol: HOOD
Transactions as of: Sep 1, 2022
Transactions value $: -$330,290
Form type: 4
Date filed: 9/2/2022, 06:34 PM
Previous filing: Aug 10, 2022
Next filing: Oct 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+82.4K	+19.85%		497K	Sep 1, 2022	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	-$330K	-34.3K	-6.89%	$9.63	463K	Sep 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	-14.6K	-25%	$0.00	43.8K	Sep 1, 2022	Class A Common Stock	14.6K		Direct	F1, F3
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-43.7K	-16.67%	$0.00	219K	Sep 1, 2022	Class A Common Stock	43.7K		Direct	F1, F4
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-24.1K	-6.67%	$0.00	338K	Sep 1, 2022	Class A Common Stock	24.1K		Direct	F1, F5

* 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 82,411 RSUs and does not represent a sale by the Reporting Person.
F3	On December 15, 2018, the Reporting Person was granted 700,000 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 December 4, 2019, 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. On September 8, 2021, the RSU award was amended to move each subsequent vesting date to the first day of the calendar month in which it was otherwise scheduled to occur.
F4	On January 13, 2020, the Reporting Person was granted 699,432 RSUs under the 2013 Plan. One-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, with the remainder scheduled to vest in twelve (12) 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.
F5	On March 24, 2022, the Reporting Person was granted 385,802 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-sixteenth (1/16) of these RSUs were scheduled to vest on June 1, 2022, 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.