InsiderTrades

Form 4 for HOOD Robinhood Markets

Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-31 · accession 0000950170-24-001307 · 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 2024-01-03 2023-12-31 HOOD Malka Meyer Dir A - Grant — +1,147 39.5K +3% —
D 2024-01-03 2024-01-01 HOOD Malka Meyer Dir M - OptEx — +7,058 46.6K +18% —
DM 2024-01-03 2024-01-01 HOOD Malka Meyer Dir M - OptEx $0.00 -7,058 7,168 -50% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2023-12-31 A A 1,147 — 39,497 D — — (F1) On December 31, 2023, the Reporting Person was automatically granted 1,147 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the December 29, 2023 closing price of $12.74 per share of Class A Common Stock, and these shares were fully vested upon grant. (F3) (continued) (ii) 1,683 shares of Class A Common Stock to Ribbit Capital III, L.P. ("Fund III"), for itself and as nominee for Ribbit Founder Fund III, L.P. ("FF III"), (iii) 4,753 shares of Class A Common Stock to Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"), (iv) 1,190 shares of Class A Common Stock to RH Ribbit Opportunity II, LLC ("RH"), (v) 945 shares of Class A Common Stock to RH-D Ribbit Opportunity II, LLC ("RH-D"), (vi) 873 shares of Class A Common Stock to RH-E Ribbit Opportunity II, LLC ("RH-E") and (vii) 2 shares of Class A Common Stock to RH-N Bullfrog Opportunity, LLC ("RH-N"). Such transfers were effected in accordance with Rule 16a-13 of the Securities Exchange Act of 1934, as amended. (F2) As previously reported, the Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("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. The reported amounts reflect previous transfers of (i) 9,784 shares of Class A Common Stock to Ribbit Capital II, L.P. ("Fund II"), for itself and as nominee for Ribbit Founder Fund II, L.P. ("FF II"),
2 Common Class A Common Stock 2024-01-01 M A 7,058 — 46,555 D — — (F4) RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) (continued) (ii) 1,683 shares of Class A Common Stock to Ribbit Capital III, L.P. ("Fund III"), for itself and as nominee for Ribbit Founder Fund III, L.P. ("FF III"), (iii) 4,753 shares of Class A Common Stock to Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. ("Bullfrog FF"), (iv) 1,190 shares of Class A Common Stock to RH Ribbit Opportunity II, LLC ("RH"), (v) 945 shares of Class A Common Stock to RH-D Ribbit Opportunity II, LLC ("RH-D"), (vi) 873 shares of Class A Common Stock to RH-E Ribbit Opportunity II, LLC ("RH-E") and (vii) 2 shares of Class A Common Stock to RH-N Bullfrog Opportunity, LLC ("RH-N"). Such transfers were effected in accordance with Rule 16a-13 of the Securities Exchange Act of 1934, as amended. (F2) As previously reported, the Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("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. The reported amounts reflect previous transfers of (i) 9,784 shares of Class A Common Stock to Ribbit Capital II, L.P. ("Fund II"), for itself and as nominee for Ribbit Founder Fund II, L.P. ("FF II"),
3 Derivative Restricted Stock Units 2024-01-01 M D 5,625 $0.00 11,250 D — · — to — 5,625 Class A Common Stock (F2) As previously reported, the Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("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. The reported amounts reflect previous transfers of (i) 9,784 shares of Class A Common Stock to Ribbit Capital II, L.P. ("Fund II"), for itself and as nominee for Ribbit Founder Fund II, L.P. ("FF II"), (F4) RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F9) On June 20, 2023, the Reporting Person was granted 22,500 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs vested 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 2024 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.
4 Derivative Restricted Stock Units 2024-01-01 M D 1,433 $0.00 7,168 D — · — to — 1,433 Class A Common Stock (F2) As previously reported, the Reporting Person is the founder and managing partner of the Ribbit Capital family of funds, and is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued pursuant to stock awards or upon vesting and settlement of restricted stock units ("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. The reported amounts reflect previous transfers of (i) 9,784 shares of Class A Common Stock to Ribbit Capital II, L.P. ("Fund II"), for itself and as nominee for Ribbit Founder Fund II, L.P. ("FF II"), (F4) RSUs convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F8) On March 23, 2022, the Reporting Person was granted 17,201 RSUs under the 2021 Plan. One-twelfth (1/12) of these RSUs vested on July 1, 2022, 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.