Gretchen Howard - Nov 1, 2022 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Operating Officer
Signature
/s/ Brandon Webb, attorney-in-fact for Gretchen Howard
Stock symbol
HOOD
Transactions as of
Nov 1, 2022
Transactions value $
-$48,550
Form type
4
Date filed
11/3/2022, 06:40 PM
Previous filing
Oct 4, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +8.21K +1.59% 525K Nov 1, 2022 Direct F1
transaction HOOD Class A Common Stock Tax liability -$48.6K -4.07K -0.78% $11.92 521K Nov 1, 2022 Direct F2
holding HOOD Class A Common Stock 168K Nov 1, 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 -8.21K -33.33% $0.00 16.4K Nov 1, 2022 Class A Common Stock 8.21K 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, 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.