Steven M. Quirk - Mar 22, 2023 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Signature
/s/ Brandon Webb, attorney-in-fact for Steven M. Quirk
Stock symbol
HOOD
Transactions as of
Mar 22, 2023
Transactions value $
$0
Form type
4
Date filed
3/24/2023, 06:41 PM
Previous filing
Mar 3, 2023
Next filing
May 3, 2023

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 +448K $0.00 448K Mar 22, 2023 Class A Common Stock 448K Direct F1, F2
* 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 On March 22, 2023, the Reporting Person was granted 447,929 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan. One-sixteenth (1/16) of these RSUs are scheduled to vest on June 1, 2023, 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.