Form 4 for HOOD Robinhood Markets
Accepted 2024-06-27 00:00:00 ET · period of report 2024-06-25 · accession 0000950170-24-078679 · 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 | 2024-06-27 | 2024-06-25 | HOOD | Malka Meyer | Dir | M - OptEx | — | +5,625 | 13.4K | +72% | — |
| D | 2024-06-27 | 2024-06-25 | HOOD | Malka Meyer | Dir | M - OptEx | $0.00 | -5,625 | 0 | -100% | $0 |
| D | 2024-06-27 | 2024-06-26 | HOOD | Malka Meyer | Dir | A - Grant | $0.00 | +10.1K | 10.1K | 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 | 2024-06-25 | M | A | 5,625 | — | 13,410 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) The reported amounts reflect previous transfers of (i) 23,687 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"), (ii) 4,074 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) 11,507 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) 2,880 shares of Class A Common Stock to RH Ribbit Opportunity II, LLC ("RH"), (v) 2,286 shares of Class A Common Stock to RH-D Ribbit Opportunity II, LLC ("RH-D"), (vi) 2,114 shares of Class A Common Stock to RH-E Ribbit Opportunity II, LLC ("RH-E") and (vii) 7 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. |
| 2 | Derivative | Restricted Stock Units | 2024-06-25 | M | D | 5,625 | $0.00 | 0 | 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. (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F8) On June 23, 2023, the Reporting Person was granted 22,500 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, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment vested 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. |
| 3 | Derivative | Restricted Stock Units | 2024-06-26 | A | A | 10,085 | $0.00 | 10,085 | D | — · — to — | 10,085 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. (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F9) On June 26, 2024, the Reporting Person was granted 10,085 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs are scheduled to vest on October 1, 2024, 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. |