Form 4 for HOOD Robinhood Markets
Accepted 2023-06-21 00:00:00 ET · period of report 2023-06-19 · accession 0000899243-23-016204 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-21 | 2023-06-19 | HOOD | Malka Meyer | Dir | M - OptEx | — | +7,510 | 46.1K | +19% | — |
| D | 2023-06-21 | 2023-06-19 | HOOD | Malka Meyer | Dir | M - OptEx | $0.00 | -7,510 | 0 | -100% | $0 |
| D | 2023-06-21 | 2023-06-20 | HOOD | Malka Meyer | Dir | A - Grant | $0.00 | +22.5K | 22.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-06-19 | M | A | 7,510 | — | 46,133 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F2) The Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer any and/or remit the proceeds of sale of any shares issued pursuant to stock awards or upon vesting and settlement of RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. |
| 2 | Derivative | Restricted Stock Units | 2023-06-19 | M | D | 7,510 | $0.00 | 0 | D | — · — to — | 7,510 Class A Common Stock | (F2) The Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer any and/or remit the proceeds of sale of any shares issued pursuant to stock awards or upon vesting and settlement of RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F6) On June 22, 2022, the Reporting Person was granted 30,040 RSUs under the Robinhood Markets, Inc. ("Robinhood") 2021 Omnibus Incentive Plan (the "2021 Plan"). One-fourth (1/4) of these RSUs vested on October 1, 2022, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested no later than the day before Robinhood's 2023 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. |
| 3 | Derivative | Restricted Stock Units | 2023-06-20 | A | A | 22,500 | $0.00 | 22,500 | D | — · — to — | 22,500 Class A Common Stock | (F2) The Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer any and/or remit the proceeds of sale of any shares issued pursuant to stock awards or upon vesting and settlement of RSUs to certain entities affiliated with such funds. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16") except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F8) On June 20, 2023, the Reporting Person was granted 22,500 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2023, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than 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. |