Jason Warnick - 01 Oct 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Financial Officer
Signature: /s/ Brandon Webb, attorney-in-fact for Jason Warnick
Issuer symbol: HOOD
Transactions as of: 01 Oct 2024
Net transactions value: -$574,376
Form type: 4
Filing time: 02 Oct 2024, 18:34:28 UTC
Previous filing: 04 Sep 2024
Next filing: 05 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+60,483	+5.3%		1,211,557	01 Oct 2024	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$574,376	-24,525	-2%	$23.42	1,187,032	01 Oct 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	-20,161	-50%	$0.000000	20,162	01 Oct 2024	Class A Common Stock	20,161		Direct	F1, F3
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-40,322	-50%	$0.000000	40,323	01 Oct 2024	Class A Common Stock	40,322		Direct	F1, F4

* 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 60,483 RSUs and does not represent a sale by the Reporting Person.
F3	On December 9, 2020, the Reporting Person was granted 322,580 RSUs under the Robinhood 2020 Equity Incentive Plan (the "2020 Plan"). One-sixteenth (1/16) of these RSUs vested on April 1, 2021, 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 December 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. One-eighth (1/8) of these RSUs vested on April 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.