ROKU, INC — Director's Dealing 2018

May 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROKU, INC (ROKU)
CIK: 0001428439
Period of Report: 2018-05-11

Reporting Person: MV Management X, L.L.C. (10% Owner)
Reporting Person: Menlo Ventures X L P (10% Owner)
Reporting Person: MENLO ENTREPRENEURS FUND X LP (10% Owner)
Reporting Person: MMEF X LP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	Class A Common Stock	J	4500000	—	Disposed	14588668	Indirect
2018-05-11	Class A Common Stock	J	1115179	—	Acquired	1115179	Direct
2018-05-11	Class A Common Stock	J	1115179	—	Disposed	0	Direct

Footnotes

F1: MV Management X, L.L.C. ("MVM-X") is the sole general partner of Menlo Ventures X, L.P. ("Menlo X"), MMEF X, L.P. ("MMEF X") and Menlo Entrepreneurs Fund X, L.P. ("MEF X" and, collectively with Menlo X and MMEF X, the "Menlo Funds"). MVM-X exercises voting and dispositive power over the shares held by each of the Menlo Funds. Each of the reporting persons disclaims beneficial ownership of the shares reported herein, except to the extent of its proportionate pecuniary interest therein.

F2: Represents a pro rata in kind distribution of shares of Class A Common Stock, without consideration, by each of Menlo X, MMEF X and MEF X to their respective partners, including their general partner, MVM-X. The shares were distributed as follows: (i) 4,385,966 shares by Menlo X, (ii) 76,754 shares by MMEF X, and (iii) 37,280 shares by MEF X.

F3: Following the distributions described in footnote (2), these shares are held as follows: (i) 14,218,981 shares by Menlo X, (ii) 248,829 shares by MMEF X, and (iii) 120,858 shares by MEF X.

F4: Represents the receipt of shares by MVM-X in the distributions described in greater detail in footnote (2).

F5: Represents a pro-rata in-kind distribution of shares of Class A Common Stock by MVM-X, without consideration, to its members.