Roblox Corp — Director's Dealing 2023

Jun 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2023-06-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-21	Class A Common Stock	M	4000	$3.405	Acquired	336308	Direct
2023-06-21	Class A Common Stock	S	2429	$38.5377	Disposed	333879	Direct
2023-06-21	Class A Common Stock	S	1171	$39.5197	Disposed	332708	Direct
2023-06-21	Class A Common Stock	S	400	$41.2075	Disposed	332308	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-21	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	66786	Indirect
Class A Common Stock	25000	Indirect
Class A Common Stock	25000	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 $38.07 to $38.88, 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 $39.10 to $39.99, 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: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $40.61 to $41.57, 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.

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.