Jonathan Rubinstein - Mar 31, 2023 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/ Brandon Webb, attorney-in-fact for Jonathan Rubinstein
Stock symbol
HOOD
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 06:34 PM
Previous filing
Mar 3, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +3.23K 3.23K Mar 31, 2023 Direct F1
holding HOOD Class A Common Stock 90.6K Mar 31, 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2023, the Reporting Person was automatically granted 3,231 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the March 31, 2023 closing price of $9.71 per share of Class A Common Stock, and these shares were fully vested upon grant.
F2 Reflects the prior transfer of 4,528 shares of Class A Common Stock from the Reporting Person to a trust, which transfer effected only a change in the form of beneficial ownership and did not result in any change in the Reporting Person's pecuniary interest in such shares.