Form 4 for HOOD Robinhood Markets
Accepted 2022-10-04 00:00:00 ET · period of report 2022-09-30 · accession 0001783879-22-000210 · 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 | 2022-10-04 | 2022-10-01 | HOOD | Frei Frances X | Dir | M - OptEx | — | +7,510 | 28.1K | +37% | — |
| D | 2022-10-04 | 2022-09-30 | HOOD | Frei Frances X | Dir | A - Grant | — | +1,980 | 20.6K | +11% | — |
| D | 2022-10-04 | 2022-10-01 | HOOD | Frei Frances X | Dir | M - OptEx | $0.00 | -7,510 | 22.5K | -25% | $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 | 2022-10-01 | M | A | 7,510 | — | 28,074 | D | — | — | (F2) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| 2 | Common | Class A Common Stock | 2022-09-30 | A | A | 1,980 | — | 20,564 | D | — | — | (F1) On September 30, 2022, the Reporting Person was automatically granted 1,980 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the September 30, 2022 closing price of $10.10 per share of Class A Common Stock, and these shares were fully vested upon grant. |
| 3 | Derivative | Restricted Stock Units | 2022-10-01 | M | D | 7,510 | $0.00 | 22,530 | D | — · — to — | 7,510 Class A Common Stock | (F2) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) On June 22, 2022, the Reporting Person was granted 30,040 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2022, with the remainder scheduled to vest in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's next annual meeting of stockholders), 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. |