0001783879-22-000079.txt : 20220404
0001783879-22-000079.hdr.sgml : 20220404
20220404200743
ACCESSION NUMBER: 0001783879-22-000079
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220331
FILED AS OF DATE: 20220404
DATE AS OF CHANGE: 20220404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RUBINSTEIN JONATHAN
CENTRAL INDEX KEY: 0001209522
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40691
FILM NUMBER: 22804793
MAIL ADDRESS:
STREET 1: APPLE COMPUTER INC
STREET 2: 1 INFINITE LOOP
CITY: CUPERTINO
STATE: CA
ZIP: 95014
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Robinhood Markets, Inc.
CENTRAL INDEX KEY: 0001783879
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
IRS NUMBER: 464364776
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 85 WILLOW STREET
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 844-428-5411
MAIL ADDRESS:
STREET 1: 85 WILLOW STREET
CITY: MENLO PARK
STATE: CA
ZIP: 94025
4
1
wf-form4_164911724744047.xml
FORM 4
X0306
4
2022-03-31
0
0001783879
Robinhood Markets, Inc.
HOOD
0001209522
RUBINSTEIN JONATHAN
C/O ROBINHOOD MARKETS, INC.
85 WILLOW ROAD
MENLO PARK
CA
94025
1
0
0
0
Class A Common Stock
4528
D
Class A Common Stock
67943
I
By Trust
Restricted Stock Units
2022-03-31
4
A
0
1859
A
Class A Common Stock
1859.0
3616
D
Reflects the acquisition of 2,082 shares for no consideration pursuant to pro-rata distributions that are exempt from Section 16 of the Securities Exchange Act of 1934, as amended, under Rule 16a-9(a). The Reporting Person's revocable trust received the shares in March 2022 from a limited partnership in which the trust is a non-managing limited partner.
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
On March 31, 2022, the Reporting Person was automatically granted 1,859 RSUs 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 RSUs, and Robinhood's 2021 Omnibus Incentive Plan. This grant was made in lieu of cash fees, based on the March 31, 2022 closing price of $13.51 per share of Class A Common Stock, and these RSUs were fully vested upon grant. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person on January 2, 2027 or, if earlier, upon (1) the termination of his service with Robinhood, (2) his death or disability, or (3) a change in control of Robinhood.
/s/ Brandon Webb, attorney-in-fact for Jonathan Rubinstein
2022-04-04