Statement of Changes in Beneficial Ownership (4)
03 Março 2023 - 08:51PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * Howard
Gretchen |
2. Issuer Name and Ticker or Trading
Symbol Robinhood Markets, Inc. [ HOOD ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Operating Officer |
(Last)
(First)
(Middle)
C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/1/2023
|
(Street)
MENLO PARK, CA 94025
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Class A Common Stock |
3/1/2023 |
|
M |
|
54494 |
A |
(1) |
673729 |
D |
|
Class A Common Stock |
3/1/2023 |
|
F |
|
19804 (2) |
D |
$9.73 |
653925 |
D |
|
Class A Common Stock |
|
|
|
|
|
|
|
168064 |
I |
By Family Trust |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units |
(1) |
3/1/2023 |
|
M |
|
|
30381 |
(3) |
1/12/2027 |
Class A Common Stock |
30381.0 |
$0 |
91145 |
D |
|
Restricted Stock Units |
(1) |
3/1/2023 |
|
M |
|
|
24113 |
(4) |
(4) |
Class A Common Stock |
24113.0 |
$0 |
289352 |
D |
|
Explanation of
Responses: |
(1) |
Restricted stock units
("RSUs") convert into Common Stock on a one-for-one basis upon
vesting and settlement. |
(2) |
Represents shares withheld
by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding
obligations in connection with the vesting and settlement of 54,494
RSUs and does not represent a sale by the Reporting
Person. |
(3) |
On January 13, 2020, the
Reporting Person was granted 486,102 RSUs under Robinhood's Amended
and Restated 2013 Stock Plan. One-fourth (1/4) of these RSUs vested
on December 1, 2020, 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. |
(4) |
On March 24, 2022, the
Reporting Person was granted 385,802 RSUs under Robinhood's 2021
Omnibus Incentive Plan. One-sixteenth (1/16) of these RSUs vested
on June 1, 2022, 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Howard Gretchen
C/O ROBINHOOD MARKETS, INC.
85 WILLOW ROAD
MENLO PARK, CA 94025 |
|
|
Chief Operating Officer |
|
Signatures
|
/s/ Christina Lai, attorney-in-fact for Gretchen
Howard |
|
3/3/2023 |
**Signature of
Reporting Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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