Form 4 for HOOD Robinhood Markets
Accepted 2021-08-03 00:00:00 ET · period of report 2021-08-02 · accession 0001783879-21-000008 · 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 | 2021-08-03 | 2021-08-02 | HOOD | Tenev Vladimir | CEO, Dir | D - Sale to Iss | — | -51.58M | 773.7K | -99% | — |
| DM | 2021-08-03 | 2021-08-02 | HOOD | Tenev Vladimir | CEO, Dir | J - Other | — | 0 | 52.36M | New | — |
| D | 2021-08-03 | 2021-08-02 | HOOD | Tenev Vladimir | CEO, Dir | A - Grant | — | +51.58M | 51.58M | New | — |
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 | 2021-08-02 | D | D | 51,584,956 | — | 773,677 | D | — | — | (F2) Certain shares of Class A Common Stock were exchanged with Robinhood for shares of Class B Common Stock on a one-for-one basis pursuant to the Exchange Agreement between the Reporting Person and Robinhood. |
| 2 | Common | Common Stock | 2021-08-02 | J | D | 52,358,633 | — | 0 | D | — | — | (F1) Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class A Common Stock 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. |
| 3 | Common | Class A Common Stock | 2021-08-02 | J | A | 52,358,633 | — | 52,358,633 | D | — | — | (F1) Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class A Common Stock 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. |
| 4 | Derivative | Class B Common Stock | 2021-08-02 | A | A | 51,584,956 | — | 51,584,956 | D | — · — to — | 51,584,956 Class A Common Stock | (F2) Certain shares of Class A Common Stock were exchanged with Robinhood for shares of Class B Common Stock on a one-for-one basis pursuant to the Exchange Agreement between the Reporting Person and Robinhood. (F3) Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis (a) at the holder's election, (b) upon certain transfers of such shares, or (c) in connection with the holder's death or disability in certain circumstances and, if not previously converted, will so convert at the earlier of (i) certain dates determined either by a vote of the holders of the shares of Class B Common Stock or by Robinhood's Board of Directors as described in Robinhood's Amended and Restated Certificate of Incorporation or (ii) August 2, 2036. |