Jason Warnick - Dec 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
Dec 1, 2023
Transactions value $
-$548,780
Form type
4
Date filed
12/5/2023, 06:43 PM
Previous filing
Oct 3, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +145K +17.55% 970K Dec 1, 2023 Direct F1
transaction HOOD Class A Common Stock Tax liability -$549K -58.9K -6.07% $9.32 911K Dec 1, 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 -43.7K -100% $0.00* 0 Dec 1, 2023 Class A Common Stock 43.7K Direct F1, F3
transaction HOOD Restricted Stock Units Options Exercise $0 -24.1K -10% $0.00 217K Dec 1, 2023 Class A Common Stock 24.1K Direct F1, F4
transaction HOOD Restricted Stock Units Options Exercise $0 -49K -7.14% $0.00 637K Dec 1, 2023 Class A Common Stock 49K Direct F1, F5
transaction HOOD Restricted Stock Units Options Exercise $0 -28K -16.67% $0.00 140K Dec 1, 2023 Class A Common Stock 28K Direct F1, F6
* 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 and settlement of 144,815 RSUs and does not represent a sale by the Reporting Person.
F3 On January 13, 2020, the Reporting Person was granted 699,432 RSUs under Robinhood 's 2013 Equity Incentive Plan. One-fourth (1/4) of these RSUs vested on December 1, 2020, with the remainder scheduled to vest in twelve (12) 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 March 24, 2022, the Reporting Person was granted 385,802 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested on June 1, 2022, 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 March 22, 2023, the Reporting Person was granted 783,875 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested 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.
F6 On March 22, 2023, the Reporting Person was granted 223,965 RSUs under the 2021 Plan. One-eighth (1/8) of these RSUs vested on June 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.