InsiderTrades

Form 4 for HOOD Robinhood Markets

Accepted 2021-10-29 00:00:00 ET · period of report 2021-10-27 · accession 0001783879-21-000066 · 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 2021-10-29 2021-10-28 HOOD Tenev Vladimir CEO, Dir S - Sale+OE $34.86 -120.6K 892.2K -12% -$4.21M
D 2021-10-29 2021-10-27 HOOD Tenev Vladimir CEO, Dir M - OptEx — +239.1K 1.01M +31% —
DM 2021-10-29 2021-10-27 HOOD Tenev Vladimir CEO, Dir M - OptEx $0.00 -239.1K 11.76M -2% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2021-10-28 S D 120,647 $34.86 892,165 D — — (F2) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in July 2021, which provides for an automatic sale of a sufficient number of shares to cover the tax withholding liability associated with the vesting and settlement of the 239,135 RSUs and PSUs reported above. (F3) This transaction was executed in multiple trades during the day at prices ranging from $34.0100 to $35.4950. 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.
2 Common Class A Common Stock 2021-10-27 M A 239,135 — 1,012,812 D — — (F1) Restricted stock units ("RSUs") and performance stock units ("PSU"s) convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
3 Derivative Restricted Stock Units 2021-10-27 M D 181,502 $0.00 726,006 D — · — to 2026-10-08 181,502 Class A Common Stock (F1) Restricted stock units ("RSUs") and performance stock units ("PSU"s) convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F4) On October 8, 2019, the Reporting Person was granted 2,904,024 RSUs under the Robinhood Markets, Inc. ("Robinhood") Amended and Restated 2013 Stock Plan (the "2013 Plan"). One-fourth (1/4) of these RSUs were scheduled to vest on August 1, 2019, with the remainder scheduled to vest in twelve (12) 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.
4 Derivative Market-Based Performance Stock Units 2021-10-27 M D 57,633 $0.00 11,757,055 D — · — to 2025-12-31 57,633 Class A Common Stock (F1) Restricted stock units ("RSUs") and performance stock units ("PSU"s) convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F5) On October 8, 2019, the Reporting Person was granted 13,831,829 market-based PSUs under Robinhood's 2013 Plan, which award was amended and restated on May 26, 2021. Subject to accelerated vesting in certain circumstances, portions of the award become eligible to vest based on satisfaction of share-price goals of $30.45 (20% portion), $50.75 (30% portion), and $101.50 (50% portion). These goals were initially tested based on Robinhood's initial public offering ("IPO") price, and thereafter are tested based on its trailing 60-trading-day average daily VWAP. When a share-price goal is achieved, half of the PSUs allocated to that level vest immediately, with the other half of the PSUs allocated to that level vesting in accordance with a time-based service schedule in twenty-four (24) equal quarterly installments from a vesting commencement date of August 1, 2018 through August 1, 2024, subject to the Reporting Person's continued service with Robinhood through the applicable vesting date.