Gretchen Howard - 01 Apr 2023 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Chief Operating Officer
Signature
/s/ Brandon Webb, attorney-in-fact for Gretchen Howard
Issuer symbol
HOOD
Transactions as of
01 Apr 2023
Net transactions value
-$469,139
Form type
4
Filing time
04 Apr 2023, 18:35:59 UTC
Previous filing
03 Mar 2023
Next filing
21 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +97,447 +15% 751,372 01 Apr 2023 Direct F1
transaction HOOD Class A Common Stock Tax liability $469,139 -48,315 -6.4% $9.71 703,057 01 Apr 2023 Direct F2
holding HOOD Class A Common Stock 168,064 01 Apr 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 -36,964 -50% $0.000000 36,965 01 Apr 2023 Class A Common Stock 36,964 Direct F1, F3
transaction HOOD Restricted Stock Units Options Exercise $0 -20,161 -12% $0.000000 141,129 01 Apr 2023 Class A Common Stock 20,161 Direct F1, F4
transaction HOOD Restricted Stock Units Options Exercise $0 -40,322 -12% $0.000000 282,258 01 Apr 2023 Class A Common Stock 40,322 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gretchen Howard is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 and settlement of 97,447 RSUs and does not represent a sale by the Reporting Person.
F3 On August 19, 2019, the Reporting Person was granted 591,425 RSUs under Robinhood's Amended and Restated 2013 Stock 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.
F4 On December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 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.
F5 On December 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. One-eighth (1/8) of these RSUs vested on April 1, 2023, with the remainder scheduled to vest in seven (7) 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.