Roblox Corp — Director's Dealing 2022

Nov 29, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2022-08-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-23	Class A Common Stock	M	550000	$0.0759	Acquired	550001	Direct
2022-11-23	Class A Common Stock	S	549577	$31.8531	Disposed	424	Direct
2022-11-23	Class A Common Stock	S	423	$32.18	Disposed	1	Direct
2022-11-23	Class A Common Stock	G	100000	—	Disposed	1112500	Indirect
2022-11-23	Class A Common Stock	G	100000	—	Acquired	100000	Indirect
2022-11-23	Class A Common Stock	S	99923	$31.8531	Disposed	77	Indirect
2022-11-23	Class A Common Stock	S	77	$32.18	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-23	Stock Option (Right to Buy)	$0.0759	M	550000	Disposed	2026-03-21	Class A Common Stock (550000.0)	Direct
2022-08-31	Class B Common Stock	$	G	16000	Disposed		Class A Common Stock (16000.0)	Indirect
2022-08-31	Class B Common Stock	$	G	8000	Acquired		Class A Common Stock (8000.0)	Indirect
2022-08-31	Class B Common Stock	$	G	8000	Acquired		Class A Common Stock (8000.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	750000	Indirect
Class A Common Stock	375000	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 27, 2022.

F2: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $31.18 to $32.17, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.

F4: Due to an administrative error, the Reporting Person's Form 4 dated August 24, 2022 incorrectly reported that the transfer of 8,000 shares by the Reporting Person's Trust to each of the 2020 David Baszucki Gift Trust dtd 12/31/2018 and the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 was of Class A shares. These transfers were of Class B shares. The balances reflected herein have been updated to correct this error.

F5: These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the reporting person serves as trustee.

F6: These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation.

F7: These shares are held by the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 of which the 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.

F8: These shares are held by the 2020 David Baszucki Gift Trust dtd 12/31/2018 for which the Bessemer Trust 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.

F9: All of the shares subject to the option are fully vested and exercisable as of the date hereof.

F10: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the election of the Reporting Person and has no expiration date.

F11: Represents a transfer of 8,000 shares by the Reporting Person's Trust to each of the 2020 David Baszucki Gift Trust dtd 12/31/2018 and the 2020 Jan Baszucki Gift Trust dtd 12/31/2018. The Bessemer Trust Company of Delaware, N.A. serves as trustee for each of these Gift Trusts.

F12: Includes 180 shares of Class B Common Stock that had not previously been reflected in the Reporting Person's beneficially owned securities due to an administrative error.