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Roblox Corp Director's Dealing 2022

Apr 13, 2022

29870_dirs_2022-04-12_211ea5f9-d4a2-4854-bda9-cd9c6ef1554a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2022-04-08

Reporting Person: Sturman Daniel (Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-04-08 Class A Common Stock A 144124 Acquired 232229 Direct
2022-04-08 Class A Common Stock A 151330 Acquired 383559 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-04-08 Performance Stock Unit $ A 72018 Acquired Class A Common Stock (72018.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 111982 Indirect
Class A Common Stock 111983 Indirect

Footnotes

F1: These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 1/16th of the RSUs shall vest on May 20, 2022 and 1/16th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F2: A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F3: These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 5/16ths of the RSUs shall vest on May 20, 2022 and 1/16th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F4: These shares are held directly by Lucy Simon LLC, a Delaware limited liability company for which the spouse of the Reporting Person serves as manager. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the limited liability company.

F5: These shares are held directly by Mo Red LLC, a Delaware limited liability company for which the reporting person serves as manager. The Reporting Person may be deemed to have beneficial ownership over the securities held by the limited liability company.

F6: Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F7: Represents the maximum number of shares of Class A Common Stock which may be issued under this award.

F8: The vesting of the performance stock units is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain Issuer stock price targets as first measured on April 1, 2024 (the Beginning Measurement Date) and then measured on each of the next four quarterly anniversary dates thereafter. The performance-based requirement will be satisfied if an Issuer stock price target is satisfied during the trailing consecutive twenty trading day period ending on the most recent trading day prior to the Beginning Measurement Date or, thereafter during any trailing consecutive twenty trading day period beginning on the Beginning Measurement Date through the applicable measurement date.

F9: (continued from footnote 8) Vesting is subject to the Reporting Person continuing to be a service provider to the Issuer on the applicable measurement date on which the stock price goal is determined to have been achieved except as otherwise provided in the award agreement governing the award.