Frances Frei - Sep 30, 2023 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Director
Signature: /s/ Brandon Webb, attorney-in-fact for Frances Frei
Stock symbol: HOOD
Transactions as of: Sep 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/3/2023, 06:19 PM
Previous filing: Sep 5, 2023
Next filing: Dec 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Award		+2.04K	+3.44%		61.3K	Sep 30, 2023	Direct	F1
transaction	HOOD	Class A Common Stock	Options Exercise		+5.63K	+9.18%		66.9K	Oct 1, 2023	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	-5.63K	-25%	$0.00	16.9K	Oct 1, 2023	Class A Common Stock	5.63K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	On September 30, 2023, the Reporting Person was automatically granted 2,038 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 Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the September 29, 2023 closing price of $9.81 per share of Class A Common Stock, and these shares were fully vested upon grant.
F2	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3	On June 20, 2023, the Reporting Person was granted 22,500 RSUs under the 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2024 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.