Form 4 for HOOD Robinhood Markets
Accepted 2021-12-03 00:00:00 ET · period of report 2021-12-01 · accession 0001783879-21-000097 · 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 | 2021-12-03 | 2021-12-01 | HOOD | CFO | F - Tax | $23.93 | -30.6K | 416.5K | -7% | -$733.1K | |
| D | 2021-12-03 | 2021-12-01 | HOOD | CFO | M - OptEx | — | +72.9K | 447.2K | +19% | — | |
| DM | 2021-12-03 | 2021-12-01 | HOOD | CFO | M - OptEx | $0.00 | -72.9K | 349.7K | -17% | $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 | 2021-12-01 | F | D | 30,636 | $23.93 | 416,521 | D | — | — | (F3) Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting and settlement of 72,882 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2021-12-01 | M | A | 72,882 | — | 447,157 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F2) Reflects the acquisition of 549 shares in November 2021 under the Robinhood Markets, Inc. ("Robinhood") 2021 Employee Share Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2021-12-01 | M | D | 29,167 | $0.00 | 175,000 | D | — · — to 2025-12-14 | 29,167 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F4) On December 15, 2018, the Reporting Person was granted 700,000 RSUs under Robinhood's Amended and Restated 2013 Stock Plan, which award was amended and restated on January 13, 2020. One-fourth (1/4) of these RSUs were scheduled to vest on December 4, 2019, with the remainder scheduled to vest in thirty-six (36) equal monthly 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. On September 8, 2021, the RSU award was amended to move each subsequent vesting date to the first day of the calendar month in which it was otherwise scheduled to occur. |
| 4 | Derivative | Restricted Stock Units | 2021-12-01 | M | D | 43,715 | $0.00 | 349,716 | D | — · — to 2027-01-12 | 43,715 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F6) On January 13, 2020, the Reporting Person was granted 699,432 RSUs under Robinhood's 2020 Equity Incentive Plan. One-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, 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. |