Daniel Sturman - 25 Aug 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Chief Technology Officer
Signature
/s/Mark Reinstra Attorney-in-Fact for Daniel Sturman
Issuer symbol
RBLX
Transactions as of
25 Aug 2021
Net transactions value
-$1,443,365
Form type
4
Filing time
25 Aug 2021, 20:58:41 UTC
Previous filing
30 Jun 2021
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Options Exercise $56,755 +16,668 +28% $3.40* 75,404 25 Aug 2021 Direct
transaction RBLX Class A Common Stock Sale $1,500,120 -16,668 -22% $90.00 58,736 25 Aug 2021 Direct F1
holding RBLX Class A Common Stock 151,983 25 Aug 2021 See Footnote F2
holding RBLX Class A Common Stock 151,982 25 Aug 2021 See Footnote F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBLX Stock Option (Right to Buy) Options Exercise $0 -16,668 -1.5% $0.000000 1,126,981 25 Aug 2021 Class A Common Stock 16,668 $3.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 22, 2021.
F2 These shares are held directly by Mo Red LLC, a Delaware limited liability 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.
F3 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.
F4 1/48th of the shares subject to the option vested on February 17, 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.