Susan Segal - Mar 21, 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/Brandon Webb, attorney-in-fact for Susan L. Segal
Stock symbol
HOOD
Transactions as of
Mar 21, 2024
Transactions value $
$0
Form type
4
Date filed
3/25/2024, 07:20 PM
Previous filing
Jun 13, 2023
Next filing
Jun 13, 2024

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 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
* 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 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.