0001783879-24-000227.txt : 20240805 0001783879-24-000227.hdr.sgml : 20240805 20240805175524 ACCESSION NUMBER: 0001783879-24-000227 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240801 FILED AS OF DATE: 20240805 DATE AS OF CHANGE: 20240805 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tenev Vladimir CENTRAL INDEX KEY: 0001871006 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40691 FILM NUMBER: 241176332 MAIL ADDRESS: STREET 1: C/O ROBINHOOD MARKETS, INC. STREET 2: 85 WILLOW ROAD 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] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 464364776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 844-428-5411 MAIL ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 4 1 wk-form4_1722894917.xml FORM 4 X0508 4 2024-08-01 0 0001783879 Robinhood Markets, Inc. HOOD 0001871006 Tenev Vladimir C/O ROBINHOOD MARKETS, INC. 85 WILLOW ROAD MENLO PARK CA 94025 1 1 0 0 Chief Executive Officer 0 Class A Common Stock 2024-08-01 4 M 0 57633 A 57633 D Class A Common Stock 2024-08-01 4 F 0 29209 20.57 D 28424 D Class A Common Stock 6907 I By Living Trust Market-Based Performance Stock Units 2024-08-01 4 M 0 57633 0 D 2025-12-31 Common Stock 57633 11065463 D Performance stock units ("PSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 57,633 RSUs and does not represent a sale by the Reporting Person. On October 8, 2019, the Reporting Person was granted 13,831,829 market-based PSUs under Robinhood's Amended and Restated 2013 Plan. Subject to accelerated vesting in certain circumstances, portions of the award become eligible to vest based on satisfaction of share-price goals of $30.45 (20% portion), $50.75 (30% portion), and $101.50 (50% portion). These goals were initially tested based on Robinhood's initial public offering ("IPO") price, and thereafter are tested based on its trailing 60-trading-day average daily VWAP. When a share-price goal is achieved, half of the PSUs allocated to that level vest immediately, with the other half of the PSUs allocated to that level vesting in accordance with a time-based service schedule in twenty-four (24) equal quarterly installments from a vesting commencement date of August 1, 2018 through August 1, 2024, subject to the Reporting Person's continued service with Robinhood through the applicable vesting date. /s/ Brandon Webb, attorney-in-fact for Vladimir Tenev 2024-08-05