Jason Warnick - Sep 1, 2024 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
Sep 1, 2024
Transactions value $
-$1,004,370
Form type
4
Date filed
9/4/2024, 08:52 PM
Previous filing
Aug 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOOD Class A Common Stock Options Exercise +124K +11.5% 1.2M Sep 1, 2024 Direct F1
transaction HOOD Class A Common Stock Tax liability -$1M -49.9K -4.16% $20.12 1.15M Sep 1, 2024 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 -24.1K -14.29% $0.00 145K Sep 1, 2024 Class A Common Stock 24.1K Direct F1, F3
transaction HOOD Restricted Stock Units Options Exercise $0 -49K -9.09% $0.00 490K Sep 1, 2024 Class A Common Stock 49K Direct F1, F4
transaction HOOD Restricted Stock Units Options Exercise $0 -28K -33.33% $0.00 56K Sep 1, 2024 Class A Common Stock 28K Direct F1, F5
transaction HOOD Restricted Stock Units Options Exercise $0 -22.7K -6.67% $0.00 318K Sep 1, 2024 Class A Common Stock 22.7K 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 123,831 RSUs and does not represent a sale by the Reporting Person.
F3 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.
F4 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.
F5 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.
F6 On March 20, 2024, the Reporting Person was granted 363,686 RSUs under the 2021 Plan. One-sixteenth (1/16) of these RSUs vested on June 1, 2024, 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.