0001783879-21-000097.txt : 20211203
0001783879-21-000097.hdr.sgml : 20211203
20211203204138
ACCESSION NUMBER: 0001783879-21-000097
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211201
FILED AS OF DATE: 20211203
DATE AS OF CHANGE: 20211203
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: 211471708
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_163858208362301.xml
FORM 4
X0306
4
2021-12-01
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
Class A Common Stock
2021-12-01
4
M
0
72882
A
447157
D
Class A Common Stock
2021-12-01
4
F
0
30636
23.93
D
416521
D
Restricted Stock Units
2021-12-01
4
M
0
29167
0
D
2025-12-14
Class A Common Stock
29167.0
175000
D
Restricted Stock Units
2021-12-01
4
M
0
43715
0
D
2027-01-12
Class A Common Stock
43715.0
349716
D
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
Reflects the acquisition of 549 shares in November 2021 under the Robinhood Markets, Inc. ("Robinhood") 2021 Employee Share Purchase Plan.
Represents shares withheld by Robinhood to satisfy tax withholding obligations in connection with the vesting and settlement of 72,882 RSUs and does not represent a sale by the Reporting Person.
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. 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 the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances. On September 8, 2021, the RSU award was amended to move each subsequent vesting date to the first day of the calendar month in which it was otherwise scheduled to occur.
Approximately half of the settlement transaction reported on this line represents RSUs that vested on November 1, 2021, for which Robinhood delayed settlement until the expiration of its initial public offering lock-up period.
On January 13, 2020, the Reporting Person was granted 699,432 RSUs under Robinhood's 2020 Equity Incentive Plan. 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 the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
/s/ Christina Lai, attorney-in-fact for Jason Warnick
2021-12-03