Mark Reinstra - Feb 23, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/Adele Freedman
Stock symbol
RBLX
Transactions as of
Feb 23, 2023
Transactions value $
-$419,773
Form type
4
Date filed
2/24/2023, 03:26 PM
Previous filing
Feb 23, 2023
Next filing
Apr 14, 2023

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 +5.39% $3.41* 244K Feb 23, 2023 Direct
transaction RBLX Class A Common Stock Sale -$179K -4.9K -2% $36.50 240K Feb 23, 2023 Direct F1, F2
transaction RBLX Class A Common Stock Sale -$283K -7.6K -3.17% $37.30 232K Feb 23, 2023 Direct F1, F3
holding RBLX Class A Common Stock 66.8K Feb 23, 2023 See Footnotes F4
holding RBLX Class A Common Stock 32.8K Feb 23, 2023 See Footnotes F5
holding RBLX Class A Common Stock 32.8K Feb 23, 2023 See Footnote F6
holding RBLX Class A Common Stock 25K Feb 23, 2023 See Footnote F7
holding RBLX Class A Common Stock 25K Feb 23, 2023 See Footnotes F8

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 -2.48% $0.00 492K Feb 23, 2023 Class A Common Stock 12.5K $3.41 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $35.86 to $36.84, 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 $36.86 to $37.63, 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 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.