Form 4 for HOOD Robinhood Markets
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001783879-22-000121 · 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 | 2022-06-03 | 2022-06-01 | HOOD | Warnick Jason | CFO | F - Tax | $9.37 | -34.3K | 446.4K | -7% | -$321.2K |
| D | 2022-06-03 | 2022-06-01 | HOOD | Warnick Jason | CFO | M - OptEx | — | +82.4K | 480.7K | +21% | — |
| DM | 2022-06-03 | 2022-06-01 | HOOD | Warnick Jason | CFO | M - OptEx | $0.00 | -82.4K | 262.3K | -24% | $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 | 2022-06-01 | F | D | 34,282 | $9.37 | 446,407 | D | — | — | (F3) Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting and settlement of 82,411 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2022-06-01 | M | A | 82,411 | — | 480,689 | 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 1,046 shares in May 2022 under the Robinhood Markets, Inc. ("Robinhood") 2021 Employee Share Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2022-06-01 | M | D | 14,584 | $0.00 | 87,500 | D | — · — to 2025-12-14 | 14,584 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 (the "2013 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 | 2022-06-01 | M | D | 24,112 | $0.00 | 361,690 | D | — · — to — | 24,112 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 March 24, 2022, the Reporting Person was granted 385,802 RSUs under Robinhood's 2021 Omnibus Incentive Plan. One-sixteenth (1/16) of these RSUs were scheduled to vest on June 1, 2022, with the remainder scheduled to vest in fifteen (15) 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. |
| 5 | Derivative | Restricted Stock Units | 2022-06-01 | M | D | 43,715 | $0.00 | 262,287 | 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. (F5) On January 13, 2020, the Reporting Person was granted 699,432 RSUs under the 2013 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. |