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 | +11.8K | $0.00 | 11.8K | Mar 21, 2024 | Class A Common Stock | 11.8K | Direct | F1, F2, F3 | ||
transaction | HOOD | Restricted Stock Units | Award | $0 | +2.94K | $0.00 | 2.94K | Mar 21, 2024 | Class A Common Stock | 2.94K | Direct | F1, F4, F5 |
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 initial equity grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board of Directors (the "Board") of Robinhood Markets, Inc. ("Robinhood"). |
F3 | On March 21, 2024, the Reporting Person was granted 11,786 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on July 1, 2024, with the remainder scheduled to vest in eleven (11) 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) the termination of her service with Robinhood, (2) her death or disability, or (3) a change in control of Robinhood. |
F4 | This RSU award represents the Reporting Person's pro-rated annual grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board. |
F5 | On March 21, 2024, the Reporting Person was granted 2,938 RSUs under the 2021 Plan. Of that amount, 317 RSUs are scheduled to vest on April 1, 2024, and 2,621 RSUs are scheduled to vest on July 1, 2024 (or, if earlier, the day before Robinhood's next 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) the termination of her service with Robinhood, (2) her death or disability, or (3) a change in control of Robinhood. |