Jonathan Rubinstein - Sep 30, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Director
Signature: /s/ Brandon Webb, attorney-in-fact for Jonathan Rubinstein
Stock symbol: HOOD
Transactions as of: Sep 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/4/2022, 06:53 PM
Previous filing: Sep 21, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HOOD	Class A Common Stock						0	Sep 30, 2022	Direct	F1
holding	HOOD	Class A Common Stock						81.5K	Sep 30, 2022	By Trust	F1

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	+2.65K	+39.7%	$0.00	9.32K	Sep 30, 2022	Class A Common Stock	2.65K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the prior transfer of 4,528 shares from the Reporting Person to his revocable trust in September 2022, which transfer effected only a change in the form of beneficial ownership and did not result in any change in the Reporting Person's pecuniary interest in such shares.
F2	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3	On September 30, 2022, the Reporting Person was automatically granted 2,649 RSUs under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of RSUs, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the September 30, 2022 closing price of $10.10 per share of Class A Common Stock, and these RSUs were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person on January 2, 2027 or, if earlier, upon (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood.