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Roblox Corp Director's Dealing 2023

Jul 21, 2023

29870_dirs_2023-07-20_a5348c56-2fec-4c91-b713-19fefbc9c1cb.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: 2023-07-19

Reporting Person: Reinstra Mark (Gen. Counsel & Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-19 Class A Common Stock M 4000 $3.405 Acquired 336308 Direct
2023-07-19 Class A Common Stock S 2212 $44.7639 Disposed 334096 Direct
2023-07-19 Class A Common Stock S 1788 $45.8501 Disposed 332308 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-07-19 Stock Option (Right to Buy) $3.405 M 4000 Disposed 2030-12-09 Class A Common Stock (4000.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 72058 Indirect
Class A Common Stock 22364 Indirect
Class A Common Stock 22364 Indirect

Footnotes

F1: 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.

F2: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on February 24, 2023.

F3: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $44.53 to $44.97, 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.

F4: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $45.61 to $46.09, 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.

F5: On July 19, 2023, the Reporting Person transferred 2,636 shares of Class A common stock from the Susan P. Reinstra Annuity Trust and 2,636 shares of Class A common stock from the Mark L. Reinstra Annuity Trust to the San Domenico Trust.

F6: These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the reporting person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.

F7: These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.

F8: These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.

F9: 1/4th of the shares subject to the option became vested and exercisable on December 4, 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.