Christopher D. Payne - Dec 16, 2024 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role
Director
Signature
/s/Brandon Webb, attorney-in-fact for Christopher D. Payne
Stock symbol
HOOD
Transactions as of
Dec 16, 2024
Transactions value $
$0
Form type
4
Date filed
12/18/2024, 06:13 PM
Previous filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HOOD Class A Common Stock 10 Dec 16, 2024 Direct

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 +5.21K $0.00 5.21K Dec 16, 2024 Class A Common Stock 5.21K Direct F1, F2, F3
transaction HOOD Restricted Stock Units Award $0 +2.74K $0.00 2.74K Dec 16, 2024 Class A Common Stock 2.74K 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 represent 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 December 16, 2024, the Reporting Person was granted 5,208 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on April 1, 2025, 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) 1/1/2035, (2) his 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 December 16, 2024, the Reporting Person was granted 2,739 RSUs under the 2021 Plan. Of that amount, 222 RSUs are scheduled to vest on January 1, 2025, 1,251 RSUs are scheduled to vest on April 1, 2025 and 1,266 RSUs are scheduled to vest on July 1, 2025 (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) 1/1/2035, (2) his death or disability, or (3) a change in control of Robinhood.