Form 4 for HOOD Robinhood Markets
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001783879-23-000056 · 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 | 2023-03-03 | 2023-03-01 | HOOD | Gallagher Daniel Martin Jr | CLO | F - Tax | $9.73 | -50.8K | 440.8K | -10% | -$493.8K |
| D | 2023-03-03 | 2023-03-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | $0.00 | +105.1K | 491.5K | +27% | $0 |
| DM | 2023-03-03 | 2023-03-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | $0.00 | -105.1K | 347.2K | -23% | $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 | 2023-03-01 | F | D | 50,753 | $9.73 | 440,759 | D | — | — | (F2) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 105,077 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2023-03-01 | M | A | 105,077 | $0.00 | 491,512 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 76,142 | $0.00 | 456,853 | D | — · — to — | 76,142 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 September 7, 2022, the Reporting Person was granted 609,137 RSUs under the 2021 Plan. One-eighth (1/8) of these RSUs vested on December 1, 2022, with the remainder scheduled to vest in seven (7) 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 | Restricted Stock Units | 2023-03-01 | M | D | 28,935 | $0.00 | 347,223 | D | — · — to — | 28,935 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. (F3) On March 24, 2022, the Reporting Person was granted 462,963 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-sixteenth (1/16) of these RSUs vested 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. |