Jason Warnick - Dec 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
Dec 1, 2022
Transactions value $
-$338,482
Form type
4
Date filed
12/5/2022, 05:35 PM
Previous filing
Nov 3, 2022
Next filing
Jan 4, 2023

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 +16.75% 574K Dec 1, 2022 Direct F1, F2
transaction HOOD Class A Common Stock Tax liability -$338K -34.3K -5.97% $9.87 540K Dec 1, 2022 Direct F3

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 -100% $0.00* 0 Dec 1, 2022 Class A Common Stock 14.6K Direct F1, F4
transaction HOOD Restricted Stock Units Options Exercise $0 -43.7K -20% $0.00 175K Dec 1, 2022 Class A Common Stock 43.7K Direct F1, F5
transaction HOOD Restricted Stock Units Options Exercise $0 -24.1K -7.14% $0.00 313K Dec 1, 2022 Class A Common Stock 24.1K Direct F1, F6
* 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 Reflects the acquisition of one share in November 2022 under the Robinhood Markets, Inc. ("Robinhood") 2021 Employee Share Purchase Plan.
F3 Represents shares withheld by 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.
F4 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 vested 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.
F5 On January 13, 2020, the Reporting Person was granted 699,432 RSUs under the 2013 Plan. One-fourth (1/4) of these RSUs vested 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.
F6 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 vested 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.