Form 4 for HOOD Robinhood Markets
Accepted 2022-02-03 00:00:00 ET · period of report 2022-02-01 · accession 0001783879-22-000033 · 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 | 2022-02-03 | 2022-02-01 | HOOD | Gallagher Daniel Martin Jr | CLO | F - Tax | $14.65 | -43.5K | 241.7K | -15% | -$637.9K |
| D | 2022-02-03 | 2022-02-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | — | +102.5K | 285.3K | +56% | — |
| DM | 2022-02-03 | 2022-02-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | $0.00 | -102.5K | 749.3K | -12% | $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 | 2022-02-01 | F | D | 43,546 | $14.65 | 241,742 | D | — | — | (F3) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting of 102,527 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2022-02-01 | M | A | 102,527 | — | 285,288 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F2) The total reported in Column 5 has been adjusted by 94,674 shares to correct an understatement of total holdings first reflected in the Form 4 filed on December 3, 2021. |
| 3 | Derivative | Restricted Stock Units | 2022-02-01 | M | D | 19,276 | $0.00 | 173,486 | D | — · — to 2027-06-16 | 19,276 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 June 16, 2020, the Reporting Person was granted 308,419 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). 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 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 | 2022-02-01 | M | D | 83,251 | $0.00 | 749,259 | D | — · — to 2027-09-03 | 83,251 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. (F5) On September 3, 2020, the Reporting Person was granted 1,332,014 RSUs under the 2020 Plan. 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 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. |