4//SEC Filing
Frei Frances X 4
Accession 0001783879-24-000198
CIK 0001783879other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 6:50 PM ET
Size
11.8 KB
Accession
0001783879-24-000198
Insider Transaction Report
Form 4
Frei Frances X
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-25+853→ 90,440 total - Exercise/Conversion
Restricted Stock Units
2024-06-25−5,625→ 0 total→ Class A Common Stock (5,625 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-25−1,609→ 0 total→ Class A Common Stock (1,609 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-25+7,234→ 89,587 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]On June 25, 2024, the Reporting Person was automatically granted 853 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 June 25, 2024 closing price of $22.14 per share of Class A Common Stock, and these shares were fully vested upon grant.
- [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 vested on 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.
- [F4]On November 15, 2021 the Reporting Person was granted 6,435 RSUs under Robinhood's 2021 Plan. One-twelfth (1/12) of these RSUs vested on March 1, 2022, with the remainder scheduled to vest in eleven (11) 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. In connection with the end of the Reporting Person's term as a director of Robinhood, all shares remaining unvested as of June 25, 2024 became fully vested on the same day, as approved by Robinhood's Board of Directors.
Documents
Issuer
Robinhood Markets, Inc.
CIK 0001783879
Entity typeother
Related Parties
1- filerCIK 0001477837
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 6:50 PM ET
- Size
- 11.8 KB