Form 4 for HOOD Robinhood Markets
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001783879-23-000057 · 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 | Howard Gretchen | COO | M - OptEx | — | +54.5K | 673.7K | +9% | — |
| D | 2023-03-03 | 2023-03-01 | HOOD | Howard Gretchen | COO | F - Tax | $9.73 | -19.8K | 653.9K | -3% | -$192.7K |
| DM | 2023-03-03 | 2023-03-01 | HOOD | Howard Gretchen | COO | M - OptEx | $0.00 | -54.5K | 289.4K | -16% | $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 | M | A | 54,494 | — | 673,729 | D | — | — | (F1) Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis upon vesting and settlement. |
| 2 | Common | Class A Common Stock | 2023-03-01 | F | D | 19,804 | $9.73 | 653,925 | D | — | — | (F2) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 54,494 RSUs and does not represent a sale by the Reporting Person. |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 30,381 | $0.00 | 91,145 | D | — · — to 2027-01-12 | 30,381 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis upon vesting and settlement. (F3) On January 13, 2020, the Reporting Person was granted 486,102 RSUs under Robinhood's Amended and Restated 2013 Stock Plan. One-fourth (1/4) of these RSUs vested 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. |
| 4 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 24,113 | $0.00 | 289,352 | D | — · — to — | 24,113 Class A Common Stock | (F1) Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis upon vesting and settlement. (F4) 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 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. |