Key facts
- This page summarizes Christina Smedley's Form 4 filing for Robinhood Markets, Inc. (HOOD).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 30 Jul 2021, 16:25.
Christina Smedley - 28 Jul 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)
- Reporting relationship
- Chief Marketing Officer
- Issuer ticker
- HOOD
- Reported as of
- 28 Jul 2021
- Net transaction value
- -$6,368,263
- Reporting owner signature
- /s/ Christina Lai, attorney-in-fact for Christina Smedley
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Christina Smedley filed Form 4 for Robinhood Markets, Inc. (HOOD) on 30 Jul 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$6,368,263.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HOOD
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +174,758
- Change %
- Price
- Shares after
- 174,758
- Date
- 28 Jul 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
HOOD
transaction
Common Stock
Tax liability
- Transaction value
- -$2,844,186
- Shares
- -74,847
- Change %
- -43%
- Price
- $38.00
- Shares after
- 99,884
- Date
- 28 Jul 2021
- Ownership
- Direct
- Footnotes
- F1, F4
HOOD
transaction
Common Stock
Sale
- Transaction value
- -$3,524,077
- Shares
- -99,884
- Change %
- -100%
- Price
- $35.28
- Shares after
- 0
- Date
- 29 Jul 2021
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HOOD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -142,500
- Change %
- -19%
- Price
- $0.000000
- Shares after
- 617,500
- Date
- 28 Jul 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 142,500
- Exercise price
- Footnotes
- F1, F3, F6
HOOD
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -32,258
- Change %
- -12%
- Price
- $0.000000
- Shares after
- 225,807
- Date
- 28 Jul 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 32,258
- Exercise price
- Footnotes
- F1, F3, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Shares of Common Stock will automatically be reclassified as shares of Class A Common Stock on a one-for-one basis upon the filing of the Amended and Restated Certificate of Incorporation of Robinhood Markets, Inc. ("Robinhood") immediately prior to the closing of Robinhood's initial public offering ("IPO).
Footnote F2
Represents shares received upon vesting of restricted stock units ("RSUs") in connection with the IPO Liquidity Event (as defined below).
Footnote F3
RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
Footnote F4
Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting of 174,758 RSUs and does not represent a sale by the Reporting Person.
Footnote F5
This transaction was executed in multiple trades during the day at prices ranging from $34.82 to $39.99. The weighted-average price is reported above. The reporting person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
Footnote F6
On December 9, 2020, the reporting person was granted 760,000 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on September 1, 2021, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the reporting person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a liquidity event, which was satisfied upon the effectiveness of Robinhood's IPO registration statement on Form S-1 ("Liquidity Event").
Footnote F7
On March 10, 2021, the reporting person was granted 258,065 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on January 1, 2022, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the reporting person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.