Form 4 for HOOD Robinhood Markets
Accepted 2023-07-05 00:00:00 ET · period of report 2023-07-01 · accession 0001783879-23-000153 · 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 | 2023-07-05 | 2023-07-01 | HOOD | Warnick Jason | CFO | F - Tax | $9.98 | -24.6K | 748.3K | -3% | -$245.7K |
| D | 2023-07-05 | 2023-07-01 | HOOD | Warnick Jason | CFO | M - OptEx | — | +60.5K | 772.9K | +8% | — |
| DM | 2023-07-05 | 2023-07-01 | HOOD | Warnick Jason | CFO | M - OptEx | $0.00 | -60.5K | 121.0K | -33% | $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 | 2023-07-01 | F | D | 24,622 | $9.98 | 748,325 | D | — | — | (F2) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 60,484 RSUs and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2023-07-01 | M | A | 60,484 | — | 772,947 | 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 | 2023-07-01 | M | D | 40,323 | $0.00 | 241,935 | D | — · — to 2027-12-09 | 40,323 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 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. One-eighth (1/8) of these RSUs vested on April 1, 2023, with the remainder vesting 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 | 2023-07-01 | M | D | 20,161 | $0.00 | 120,968 | D | — · — to 2027-12-09 | 20,161 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 December 9, 2020, the Reporting Person was granted 322,580 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). One-sixteenth (1/16) of these RSUs vested on April 1, 2021, with the remainder vesting 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. |