Roblox Corp — Director's Dealing 2021

Mar 2, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2021-03-02

Reporting Person: Baszucki David (Director, President & CEO, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1500000	Indirect
Class A Common Stock	100000	Indirect
Class A Common Stock	100000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0.00		Class A Common Stock (28540354)		Indirect
Class B Common Stock	$0.00		Class A Common Stock (13523474)		Indirect
Class B Common Stock	$0.00		Class A Common Stock (13523474)		Indirect
Stock Option (Right to Buy)	$0.0759	2026-03-21	Class A Common Stock (5284730)		Direct
Stock Option (Right to Buy)	$0.53	2027-10-19	Class A Common Stock (1641476)		Direct
Stock Option (Right to Buy)	$3.345	2029-01-22	Class A Common Stock (2500000)		Direct
Stock Option (Right to Buy)	$3.405	2030-01-23	Class A Common Stock (2500000)		Direct
Restricted Stock Unit	$0.00	2028-03-02	Class A Common Stock (11500000)		Direct

Footnotes

F1: These shares are held of record by The Freedom Revocable Trust dtd 02/28/2017, as amended (the "Freedom Trust"), of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the Freedom Trust.

F2: These shares are held of record by the 2020 David Baszucki Gift Trust, of which the Bessemer Trust Company of Delaware, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.

F3: These shares are held of record by the 2020 Jan Baszucki Gift Trust of which Bessemer Trust Company of Delaware, N.A. serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.

F4: The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis at the option of the holder and has no expiration date or conversion price.

F5: All of the shares subject to the option are fully vested and exercisable as of the date hereof.

F6: 1/48th of the shares subject to the option vested on February 1, 2018, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F7: 1/48th of the shares subject to the option vested on February 1, 2019, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F8: 1/48th of the shares subject to the option vested on February 1, 2020, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F9: The restricted stock unit is divided into seven tranches that are eligible to vest based on the achievement of the Company's stock price goals, beginning on the two year anniversary of the Company's initial public offering and ending on the seven year anniversary of the Company's initial public offering, provided that in each case, the Reporting Person continues to be a service provider to the Company on such date and that for each tranche, the stock price goal set forth in the restricted stock unit agreement between the Company and the Reporting Person for the corresponding annual period has been achieved.