Gretchen Howard - Jan 1, 2023 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: Jan 1, 2023
Transactions value $: -$193,455
Form type: 4
Date filed: 1/4/2023, 05:47 PM
Previous filing: Dec 5, 2022
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+65.3K	+11.82%		618K	Jan 1, 2023	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	-$193K	-23.8K	-3.85%	$8.14	594K	Jan 3, 2023	Direct	F2
holding	HOOD	Class A Common Stock						168K	Jan 1, 2023	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	-8.22K	-100%	$0.00^*	0	Jan 1, 2023	Class A Common Stock	8.22K		Direct	F1, F3
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-37K	-33.33%	$0.00	73.9K	Jan 1, 2023	Class A Common Stock	37K		Direct	F1, F4
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-20.2K	-11.11%	$0.00	161K	Jan 1, 2023	Class A Common Stock	20.2K		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 of 65,341 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 vested 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.
F4	On August 19, 2019, the Reporting Person was granted 591,425 RSUs under the 2013 Plan, which award was amended and restated on January 13, 2020. One-eighth (1/8) of these RSUs vested on January 1, 2020, with the remainder scheduled to vest in fourteen (14) 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 December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan. One-sixteenth (1/16) of these RSUs vested on April 1, 2021, 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.