Mark Reinstra - 20 May 2022 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/Mark Reinstra
Issuer symbol
RBLX
Transactions as of
20 May 2022
Transactions value $
-$279,718
Form type
4
Filing time
24 Aug 2022, 20:56:10
Previous filing
12 Apr 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Gift $0 -50K -21.38% $0.00 184K 20 May 2022 Direct F1
transaction RBLX Class A Common Stock Sale -$280K -6.74K -3.66% $41.52 177K 22 Aug 2022 Direct F1, F7, F8
holding RBLX Class A Common Stock 56.5K 20 May 2022 See Footnotes F2
holding RBLX Class A Common Stock 37.9K 20 May 2022 See Footnotes F3
holding RBLX Class A Common Stock 37.9K 20 May 2022 See Footnote F4
holding RBLX Class A Common Stock 25K 20 May 2022 See Footnote F5
holding RBLX Class A Common Stock 25K 20 May 2022 See Footnotes F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F3 These shares are held directly by the Mark L. Reinstra Annuity Trust dated October 7, 2020 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.
F4 These shares are held directly for the Susan P. Reinstra Annuity Trust dated October 7, 2020 for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership over the securities held by the Annuity Trust.
F5 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.
F6 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.
F7 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F8 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $41.24 to $41.95, 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.