Filing Details
- Accession Number:
- 0001628280-21-015060
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-07-30 16:24:37
- Reporting Period:
- 2021-07-28
- Accepted Time:
- 2021-07-30 16:24:37
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1783879 | Robinhood Markets Inc. | HOOD | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1705560 | Jr Martin Daniel Gallagher | C/O Robinhood Markets, Inc. 85 Willow Road Menlo Park CA 94025 | Chief Legal Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2021-07-28 | 487,862 | $0.00 | 487,862 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-07-28 | 220,032 | $38.00 | 267,830 | No | 4 | F | Direct | |
Common Stock | Disposition | 2021-07-29 | 6,900 | $38.46 | 260,930 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2021-07-28 | 10,013 | $0.00 | 10,013 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2021-07-28 | 77,104 | $0.00 | 77,104 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2021-07-28 | 333,003 | $0.00 | 333,003 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2021-07-28 | 67,742 | $0.00 | 67,742 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
30,042 | 2026-10-08 | No | 4 | M | Direct | |
231,315 | 2027-06-16 | No | 4 | M | Direct | |
999,011 | 2027-09-03 | No | 4 | M | Direct | |
203,226 | 2027-12-09 | No | 4 | M | Direct |
Footnotes
- Shares of Common Stock will automatically be reclassified as shares of Class A Common Stock on a one-for-one basis upon the filing of the Amended and Restated Certificate of Incorporation of Robinhood Markets, Inc. ("Robinhood") immediately prior to the closing of Robinhood's initial public offering ("IPO").
- Represents shares received upon vesting of restricted stock units ("RSUs") in connection with the IPO Liquidity Event (as defined below).
- RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
- Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting of 487,862 RSUs and does not represent a sale by the Reporting Person.
- This transaction was executed in multiple trades during the day at prices ranging from $38.00 to $39.99. The weighted-average price is reported above. The reporting person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- On October 8, 2019, the Reporting Person was granted 40,055 RSUs under Robinhood's Amended and Restated 2013 Stock Plan. Subject to accelerated vesting in certain circumstances, one-eighth (1/8) of these RSUs were scheduled to vest on January 7, 2020, with the remainder scheduled to vest in seven (7) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a liquidity event, which was satisfied upon the effectiveness of Robinhood's IPO registration statement on Form S-1 ("Liquidity Event").
- On June 16, 2020, the Reporting Person was granted 308,419 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on May 12, 2021, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
- On September 3, 2020, the Reporting Person was granted 1,332,014 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on May 12, 2021, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
- On December 9, 2020, the Reporting Person was granted 270,968 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, 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 (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.