Payne Christopher D 4
4 · Robinhood Markets, Inc. · Filed Dec 18, 2024
Insider Transaction Report
Form 4
Payne Christopher D
Director
Transactions
- Award
Restricted Stock Units
2024-12-16+5,208→ 5,208 total→ Class A Common Stock (5,208 underlying) - Award
Restricted Stock Units
2024-12-16+2,739→ 2,739 total→ Class A Common Stock (2,739 underlying)
Holdings
- 10
Class A Common Stock
Footnotes (5)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]This RSU award represent the Reporting Person's initial equity grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board of Directors (the "Board") of Robinhood Markets, Inc. ("Robinhood").
- [F3]On December 16, 2024, the Reporting Person was granted 5,208 RSUs under Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). One-twelfth (1/12) of these RSUs are scheduled to vest on April 1, 2025, 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) 1/1/2035, (2) his death or disability, or (3) a change in control of Robinhood.
- [F4]This RSU award represents the Reporting Person's pro-rated annual grant pursuant to the Non-Employee Director Compensation Program and was granted automatically on the date the Reporting Person joined the Board.
- [F5]On December 16, 2024, the Reporting Person was granted 2,739 RSUs under the 2021 Plan. Of that amount, 222 RSUs are scheduled to vest on January 1, 2025, 1,251 RSUs are scheduled to vest on April 1, 2025 and 1,266 RSUs are scheduled to vest on July 1, 2025 (or, if earlier, the day before Robinhood's next 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. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person upon the earliest to occur of (1) 1/1/2035, (2) his death or disability, or (3) a change in control of Robinhood.