0001628280-21-015064.txt : 20210730 0001628280-21-015064.hdr.sgml : 20210730 20210730162553 ACCESSION NUMBER: 0001628280-21-015064 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: Smedley Christina CENTRAL INDEX KEY: 0001871293 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40691 FILM NUMBER: 211132897 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] 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_162767673392348.xml FORM 4 X0306 4 2021-07-28 0 0001783879 Robinhood Markets, Inc. HOOD 0001871293 Smedley Christina C/O ROBINHOOD MARKETS, INC. 85 WILLOW ROAD MENLO PARK CA 94025 0 1 0 0 Chief Marketing Officer Common Stock 2021-07-28 4 M 0 174758 A 174758 D Common Stock 2021-07-28 4 F 0 74847 38 D 99884 D Common Stock 2021-07-29 4 S 0 99884 35.2817 D 0 D Restricted Stock Units 2021-07-28 4 M 0 142500 0 D 2027-12-09 Common Stock 142500.0 617500 D Restricted Stock Units 2021-07-28 4 M 0 32258 0 D 2028-03-10 Common Stock 32258.0 225807 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 174,758 RSUs and does not represent a sale by the Reporting Person. This transaction was executed in multiple trades during the day at prices ranging from $34.82 to $39.99. The weighted-average price is reported above. The reporting person hereby undertakes to provide to the SEC staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected. On December 9, 2020, the reporting person was granted 760,000 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 September 1, 2021, 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, which was satisfied upon the effectiveness of Robinhood's IPO registration statement on Form S-1 ("Liquidity Event"). On March 10, 2021, the reporting person was granted 258,065 RSUs under the 2020 Plan. Subject to accelerated vesting in certain circumstances, one-fourth (1/4) of these RSUs were scheduled to vest on January 1, 2022, 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. /s/ Christina Lai, attorney-in-fact for Christina Smedley 2021-07-30