Jason Warnick - Jan 1, 2023 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: Jan 1, 2023
Transactions value $: -$75,393
Form type: 4
Date filed: 1/4/2023, 05:48 PM
Previous filing: Dec 5, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+20.2K	+3.73%		560K	Jan 1, 2023	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	-$75.4K	-9.26K	-1.65%	$8.14	551K	Jan 3, 2023	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	-20.2K	-11.11%	$0.00	161K	Jan 1, 2023	Class A Common Stock	20.2K		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 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 20,162 RSUs and does not represent a sale by the Reporting Person.
F3	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.