Form 4 for HOOD Robinhood Markets
Accepted 2023-10-03 00:00:00 ET · period of report 2023-09-30 · accession 0001783879-23-000233 · 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 | 2023-10-03 | 2023-09-30 | HOOD | RUBINSTEIN JONATHAN | Dir | A - Grant | — | +3,198 | 6,429 | +99% | — |
| D | 2023-10-03 | 2023-10-01 | HOOD | RUBINSTEIN JONATHAN | Dir | M - OptEx | — | +5,625 | 12.1K | +87% | — |
| D | 2023-10-03 | 2023-10-01 | HOOD | RUBINSTEIN JONATHAN | Dir | M - OptEx | $0.00 | -5,625 | 16.9K | -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 | 2023-09-30 | A | A | 3,198 | — | 6,429 | D | — | — | (F1) On September 30, 2023, the Reporting Person was automatically granted 3,198 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 29, 2023 closing price of $9.81 per share of Class A Common Stock, and these shares were fully vested upon grant. |
| 2 | Common | Class A Common Stock | 2023-10-01 | M | A | 5,625 | — | 12,054 | D | — | — | (F2) 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 | 2023-10-01 | M | D | 5,625 | $0.00 | 16,875 | D | — · — to — | 5,625 Class A Common Stock | (F1) On September 30, 2023, the Reporting Person was automatically granted 3,198 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 29, 2023 closing price of $9.81 per share of Class A Common Stock, and these shares were fully vested upon grant. (F4) On June 20, 2023, the Reporting Person was granted 22,500 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2024 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. |