Roblox Corp — Director's Dealing 2023

May 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2023-05-20

Reporting Person: Sturman Daniel (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-20	Class A Common Stock	J	11757	—	Disposed	535262	Direct
2023-05-22	Class A Common Stock	S	9530	$39.637	Disposed	525732	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-20	Phantom Stock	$	J	11757	Acquired		Class A Common Stock (11757)	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: In connection with the vesting on May 20, 2023, of restricted stock units previously granted to the reporting person, the reporting person's receipt of 11,757 shares of Class A common stock was deferred, resulting in the reporting person's receipt instead of 11,757 shares of phantom stock pursuant to Roblox Corporation's deferred compensation plan. The reporting person is therefore reporting the disposition of 11,757 shares of Class A common stock in exchange for an equal number of shares of phantom stock.

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: Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of RSUs. This sale was to satisfy tax withholding obligations to be funded by a "sell to cover' transaction.

F4: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $39.4901 to $40.1189, 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: 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.

F6: 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.

F7: Each share of phantom stock represents a right to receive one share of Class A common stock.

F8: The phantom stock becomes payable in 3 equal annual installments starting on March 1, 2026 subject to the Reporting Person continuing as a service provider through March 1, 2026.