Frances Frei - Dec 31, 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Director
Signature: Brandon Webb, attorney-in-fact for Frances Frei
Stock symbol: HOOD
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 05:44 PM
Previous filing: Nov 17, 2021
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Award		+492	+5.29%		9.79K	Dec 31, 2021	Direct	F1, F2
transaction	HOOD	Class A Common Stock	Options Exercise		+752	+7.69%		10.5K	Jan 1, 2022	Direct	F3

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	-752	-20.61%	$0.00	2.9K	Jan 1, 2022	Class A Common Stock	752		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	On December 31, 2021, the Reporting Person was automatically granted 492 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and the Robinhood 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the December 31, 2021 closing price of $17.76 per share of Class A Common Stock, and these shares were fully vested upon grant.
F2	Reflects the acquisition of 4,461 shares for no consideration pursuant to a pro-rata distribution that is exempt from Section 16 of the Securities Exchange Act of 1934, as amended, under Rule 16a-9(a). The Reporting Person received the shares in November 2021 from a limited liability company in which she beneficially holds a non-managing membership interest.
F3	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F4	On November 15, 2021, the Reporting Person was granted 3,649 RSUs under Robinhood's 2021 Omnibus Incentive Plan. Of that amount, 752 RSUs vested on January 1, 2022, 1,440 RSUs are scheduled to vest on April 1, 2022, and 1,457 RSUs are scheduled to vest on July 1, 2022 (or, if earlier, the day before Robinhood's next annual meeting of stockholders). 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.