0001628280-21-015066.txt : 20210730
0001628280-21-015066.hdr.sgml : 20210730
20210730162641
ACCESSION NUMBER: 0001628280-21-015066
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210728
FILED AS OF DATE: 20210730
DATE AS OF CHANGE: 20210730
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Warnick Jason
CENTRAL INDEX KEY: 0001871212
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40691
FILM NUMBER: 211132907
MAIL ADDRESS:
STREET 1: C/O ROBINHOOD MARKETS INC
CITY: MENLO PARK
STATE: CA
ZIP: 94025
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_162767678295035.xml
FORM 4
X0306
4
2021-07-28
0
0001783879
Robinhood Markets, Inc.
HOOD
0001871212
Warnick Jason
C/O ROBINHOOD MARKETS, INC.
85 WILLOW ROAD
MENLO PARK
CA
94025
0
1
0
0
Chief Financial Officer
Common Stock
2021-07-28
4
M
0
754692
A
754692
D
Common Stock
2021-07-28
4
F
0
260407
38
D
494285
D
Common Stock
2021-07-28
4
S
0
125000
36.40
D
369285
D
Restricted Stock Units
2021-07-28
4
M
0
452083
0
D
2025-12-14
Common Stock
452083.0
247917
D
Restricted Stock Units
2021-07-28
4
M
0
262287
0
D
2027-01-12
Common Stock
262287.0
437145
D
Restricted Stock Units
2021-07-28
4
M
0
40322
0
D
2027-12-09
Common Stock
40322.0
282258
D
Shares of Common Stock will automatically be reclassified as shares of Class A Common Stock on a one-for-one basis upon the filing of the Amended and Restated Certificate of Incorporation of Robinhood Markets, Inc. ("Robinhood") immediately prior to the closing of Robinhood's initial public offering ("IPO").
Represents shares received upon vesting of restricted stock units ("RSUs") in connection with the IPO Liquidity Event (as defined below).
RSUs convert into Common Stock on a one-for-one basis upon vesting and settlement.
Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting of 754,692 RSUs and does not represent a sale by the Reporting Person.
Represents shares sold by the Reporting Person as a selling stockholder in the IPO.
Represents the IPO price, less underwriting discounts and commissions.
On December 15, 2018, the Reporting Person was granted 700,000 RSUs under Robinhood's Amended and Restated 2013 Stock Plan, which award was amended and restated on January 13, 2020. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on December 4, 2019, with the remainder scheduled to vest in thirty-six (36) equal monthly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a liquidity event, which was satisfied upon the effectiveness of Robinhood's IPO registration statement on Form S-1 ("Liquidity Event").
On January 13, 2020, the Reporting Person was granted 699,432 RSUs under Robinhood's 2020 Equity Incentive Plan (the "2020 Plan"). Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
On December 9, 2020, the Reporting Person was granted 322,580 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-sixteenth (1/16) of these RSUs were scheduled to vest on April 1, 2021, with the remainder scheduled to vest in fifteen (15) equal quarterly installments thereafter, in each case subject to (a) the Reporting Person's continued service with Robinhood through the applicable vesting date and (b) the occurrence of a Liquidity Event.
/s/ Christina Lai, attorney-in-fact for Jason Warnick
2021-07-30