4//SEC Filing
Frei Frances X 4
Accession 0001783879-24-000112
CIK 0001783879other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 6:52 PM ET
Size
9.2 KB
Accession
0001783879-24-000112
Insider Transaction Report
Form 4
Frei Frances X
Director
Transactions
- Award
Class A Common Stock
2024-03-31+993→ 76,192 total - Exercise/Conversion
Class A Common Stock
2024-04-01+5,625→ 81,817 total - Exercise/Conversion
Restricted Stock Units
2024-04-01−5,625→ 5,625 total→ Class A Common Stock (5,625 underlying)
Footnotes (3)
- [F1]On March 31, 2024, the Reporting Person was automatically granted 993 shares of Class A 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 stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the March 28, 2024 closing price of $20.13 per share of Class A Common Stock, and these shares were fully vested upon grant.
- [F2]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F3]On June 20, 2023, the Reporting Person was granted 22,500 RSUs under Robinhood's 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2023, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2024 annual meeting of stockholders), 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.
Documents
Issuer
Robinhood Markets, Inc.
CIK 0001783879
Entity typeother
Related Parties
1- filerCIK 0001477837
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 6:52 PM ET
- Size
- 9.2 KB