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 | +22.5K | $0.00 | 22.5K | Jun 20, 2023 | Class A Common Stock | 22.5K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
F2 | This RSU award represents the Reporting Person's annual grant pursuant to the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood") and was granted automatically on the date of Robinhood's annual meeting of stockholders. |
F3 | On June 20, 2023, the Reporting Person was granted 22,500 RSUs under Robinhood 's 2021 Omnibus Incentive Plan. One-fourth (1/4) of these RSUs will vest on October 1, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2024 annual meeting of stockholders), 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. |