Roblox Corp — Director's Dealing 2023

Mar 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Roblox Corp (RBLX)
CIK: 0001315098
Period of Report: 2023-03-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-02	Class A Common Stock	M	550000	$0.0759	Acquired	550001	Direct
2023-03-02	Class A Common Stock	S	240683	$37.3198	Disposed	309318	Direct
2023-03-02	Class A Common Stock	S	113654	$38.239	Disposed	195664	Direct
2023-03-02	Class A Common Stock	S	195663	$39.0962	Disposed	1	Direct
2023-03-02	Class A Common Stock	G	100000	—	Disposed	443971	Indirect
2023-03-02	Class A Common Stock	G	100000	—	Acquired	100000	Indirect
2023-03-02	Class A Common Stock	S	43734	$37.3191	Disposed	56266	Indirect
2023-03-02	Class A Common Stock	S	20661	$38.2381	Disposed	35605	Indirect
2023-03-02	Class A Common Stock	S	35605	$39.0958	Disposed	0	Indirect
2023-03-03	Class A Common Stock	C	1251029	—	Acquired	1695000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-02	Stock Option (Right to Buy)	$0.0759	M	550000	Disposed	2026-03-21	Class A Common Stock (550000.0)	Direct
2023-03-03	Class B Common Stock	$	C	1251029	Disposed		Class A Common Stock (1251029.0)	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 $36.78 to $37.77, 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: The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $37.78 to $38.77, 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 $38.78 to $39.28, 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: Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.

F6: 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.

F7: 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.

F8: Each share of the Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.

F9: 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.

F10: 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.

F11: All of the shares subject to the option are fully vested and exercisable as of the date hereof.

F12: 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.