Form 4 for HOOD Robinhood Markets
Accepted 2023-10-03 00:00:00 ET · period of report 2023-10-01 · accession 0001783879-23-000236 · 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 | 2023-10-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | — | +22.6K | 604.2K | +4% | — |
| D | 2023-10-03 | 2023-10-01 | HOOD | Gallagher Daniel Martin Jr | CLO | F - Tax | $9.81 | -10.9K | 593.3K | -2% | -$107.0K |
| D | 2023-10-03 | 2023-10-01 | HOOD | Gallagher Daniel Martin Jr | CLO | M - OptEx | $0.00 | -22.6K | 0 | -100% | $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 | 2023-10-01 | M | A | 22,581 | — | 604,246 | D | — | — | (F1) 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 | 2023-10-01 | F | D | 10,907 | $9.81 | 593,339 | D | — | — | (F2) Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 22,581 RSUs and does not represent a sale by the Reporting Person. |
| 3 | Derivative | Restricted Stock Units | 2023-10-01 | M | D | 22,581 | $0.00 | 0 | D | — · — to 2027-12-09 | 22,581 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 270,968 RSUs under Robinhood's 2020 Equity Incentive Plan. One-twelfth (1/12) of these RSUs were scheduled to vest on January 1, 2021, with the remainder scheduled to vest in eleven (11) 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. |