Filing Details
- Accession Number:
- 0001783879-24-000101
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-02 18:45:04
- Reporting Period:
- 2024-04-01
- Accepted Time:
- 2024-04-02 18:45:04
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1783879 | Robinhood Markets Inc. | HOOD | Security Brokers, Dealers & Flotation Companies (6211) | 464364776 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1871212 | Jason Warnick | C/O Robinhood Markets, Inc. 85 Willow Road Menlo Park CA 94025 | Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-04-01 | 60,483 | $0.00 | 1,031,980 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 24,573 | $16.33 | 1,007,407 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 5,000 | $19.59 | 1,002,407 | 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 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-04-01 | 20,161 | $0.00 | 20,161 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-04-01 | 40,322 | $0.00 | 40,322 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 60,484 | 2027-12-09 | No | 4 | M | Direct | |
| 120,968 | 2027-12-09 | No | 4 | M | Direct |
Footnotes
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 60,483 RSUs and does not represent a sale by the Reporting Person.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2022.
- This transaction was executed in multiple trades during the day at prices ranging from $19.39 to $20.11. 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 trades were made.
- 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 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.
- 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 scheduled to vest 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.
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