Daniel M. Gallagher Jr - 27 Oct 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Legal Officer
Signature: /s/ Christina Lai, attorney-in-fact for Daniel M. Gallagher, Jr.
Issuer symbol: HOOD
Transactions as of: 27 Oct 2021
Transactions value $: -$2,141,568
Form type: 4
Filing time: 29 Oct 2021, 21:16:09
Previous filing: 15 Sep 2021
Next filing: 03 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+125K	+161.23%		203K	27 Oct 2021	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	-$2.14M	-60.4K	-29.81%	$35.44	142K	27 Oct 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-22.6K	-11.11%	$0.00	181K	27 Oct 2021	Class A Common Stock	22.6K		Direct	F1, F3
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-19.3K	-8.33%	$0.00	212K	27 Oct 2021	Class A Common Stock	19.3K		Direct	F1, F4
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-83.3K	-8.33%	$0.00	916K	27 Oct 2021	Class A Common Stock	83.3K		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2	Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting of 125,106 RSUs and does not represent a sale by the Reporting Person.
F3	On December 9, 2020, the Reporting Person was granted 270,968 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 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.
F4	On June 16, 2020, the Reporting Person was granted 308,419 RSUs under the 2020 Plan. 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 the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
F5	On September 3, 2020, the Reporting Person was granted 1,332,014 RSUs under the 2020 Plan. 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 the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.