InsiderTrades

Form 4 for HOOD Robinhood Markets

Accepted 2021-07-30 00:00:00 ET · period of report 2021-07-28 · accession 0001628280-21-015060 · 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 2021-07-30 2021-07-28 HOOD Gallagher Daniel Martin Jr CLO F - Tax $38.00 -220.0K 267.8K -45% -$8.36M
D 2021-07-30 2021-07-28 HOOD Gallagher Daniel Martin Jr CLO M - OptEx — +487.9K 487.9K New —
D 2021-07-30 2021-07-29 HOOD Gallagher Daniel Martin Jr CLO S - Sale+OE $38.46 -6,900 260.9K -3% -$265.4K
DM 2021-07-30 2021-07-28 HOOD Gallagher Daniel Martin Jr CLO M - OptEx $0.00 -487.9K 30.0K -94% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-07-28 F D 220,032 $38.00 267,830 D — — (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"). (F4) Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting of 487,862 RSUs and does not represent a sale by the Reporting Person.
2 Common Common Stock 2021-07-28 M A 487,862 — 487,862 D — — (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"). (F2) Represents shares received upon vesting of restricted stock units ("RSUs") in connection with the IPO Liquidity Event (as defined below). (F3) RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
3 Common Common Stock 2021-07-29 S D 6,900 $38.46 260,930 D — — (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"). (F5) This transaction was executed in multiple trades during the day at prices ranging from $38.00 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.
4 Derivative Restricted Stock Units 2021-07-28 M D 67,742 $0.00 203,226 D — · — to 2027-12-09 67,742 Common Stock (F3) RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement. (F9) On December 9, 2020, the Reporting Person was granted 270,968 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-twelfth (1/12) of these RSUs were scheduled to vest on January 1, 2021, with the remainder scheduled to vest in eleven (11) 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.
5 Derivative Restricted Stock Units 2021-07-28 M D 333,003 $0.00 999,011 D — · — to 2027-09-03 333,003 Common Stock (F3) RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement. (F8) On September 3, 2020, the Reporting Person was granted 1,332,014 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on May 12, 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.
6 Derivative Restricted Stock Units 2021-07-28 M D 77,104 $0.00 231,315 D — · — to 2027-06-16 77,104 Common Stock (F3) RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement. (F7) On June 16, 2020, the Reporting Person was granted 308,419 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 May 12, 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.
7 Derivative Restricted Stock Units 2021-07-28 M D 10,013 $0.00 30,042 D — · — to 2026-10-08 10,013 Common Stock (F3) RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement. (F6) On October 8, 2019, the Reporting Person was granted 40,055 RSUs under Robinhood's Amended and Restated 2013 Stock Plan. Subject to accelerated vesting in certain circumstances, one-eighth (1/8) of these RSUs were scheduled to vest on January 7, 2020, with the remainder scheduled to vest in seven (7) 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").