Mark Reinstra - Nov 15, 2022 Form 4 Insider Report for Roblox Corp (RBLX)

Role: Gen. Counsel & Secretary
Signature: /s/Adele Freedman
Stock symbol: RBLX
Transactions as of: Nov 15, 2022
Transactions value $: -$425,659
Form type: 4
Date filed: 11/17/2022, 05:21 PM
Previous filing: Aug 24, 2022
Next filing: Nov 23, 2022
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	$42.6K	+12.5K	+5.12%	$3.41^*	257K	Nov 15, 2022	Direct	F1
transaction	RBLX	Class A Common Stock	Sale	-$262K	-7.09K	-2.76%	$37.02	250K	Nov 15, 2022	Direct	F2, F3
transaction	RBLX	Class A Common Stock	Sale	-$183K	-4.82K	-1.93%	$37.96	245K	Nov 15, 2022	Direct	F2, F4
transaction	RBLX	Class A Common Stock	Sale	-$23.1K	-600	-0.25%	$38.55	244K	Nov 15, 2022	Direct	F2, F5
holding	RBLX	Class A Common Stock						32.8K	Nov 15, 2022	See Footnote	F6, F7
holding	RBLX	Class A Common Stock						66.8K	Nov 15, 2022	See Footnotes	F6, F8
holding	RBLX	Class A Common Stock						32.8K	Nov 15, 2022	See Footnotes	F6, F9
holding	RBLX	Class A Common Stock						25K	Nov 15, 2022	See Footnote	F10
holding	RBLX	Class A Common Stock						25K	Nov 15, 2022	See Footnotes	F11

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	-12.5K	-2.42%	$0.00	504K	Nov 15, 2022	Class A Common Stock	12.5K	$3.41	Direct	F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This amount includes 360 shares acquired by the Reporting Person on February 25, 2022 pursuant to the Issuer's 2020 Employee Stock Purchase Plan and includes 66,666 shares of Class A Common Stock that had not previously been reflected in the Reporting Person's beneficially owned securities, due to an administrative error.
F2	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on August 17, 2022.
F3	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $36.45 to $37.44, 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 $37.46 to $38.44, 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	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $38.48 to $38.61, 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.
F6	On November 15, 2022, the Reporting Person transferred 5,119 shares of Class A common stock from the Susan P. Reinstra Annuity Trust and 5,119 shares of Class A common stock from the Mark L. Reinstra Annuity Trust to the San Domenico Trust in connection with GRAT annuity payments.
F7	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.
F8	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.
F9	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.
F10	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.
F11	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.
F12	1/4th of the shares subject to the option became vested and exercisable on December 4, 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.