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
  1. 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").
  2. Represents shares received upon vesting of restricted stock units ("RSUs") in connection with the IPO Liquidity Event (as defined below).
  3. RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
  4. 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.
  5. 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.
  6. 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").
  7. 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.
  8. 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.
  9. 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.