Michael Guthrie - Sep 11, 2024 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Chief Financial Officer
Signature
/s/ Adele Freedman Attorney-in-Fact for Michael J. Guthrie
Stock symbol
RBLX
Transactions as of
Sep 11, 2024
Transactions value $
-$3,130,899
Form type
4
Date filed
9/13/2024, 07:30 PM
Previous filing
Sep 5, 2024
Next filing
Oct 9, 2024
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 $1.82K +3.44K +0.98% $0.53 356K Sep 11, 2024 Direct F1, F2
transaction RBLX Class A Common Stock Sale -$155K -3.44K -0.97% $45.01 353K Sep 11, 2024 Direct F1, F2, F3
transaction RBLX Class A Common Stock Options Exercise $35.3K +66.6K +18.86% $0.53 419K Sep 12, 2024 Direct F1, F2
transaction RBLX Class A Common Stock Sale -$3.01M -66.6K -15.87% $45.27 353K Sep 12, 2024 Direct F1, F2, F4
holding RBLX Class A Common Stock 61.4K Sep 11, 2024 See Footnote F5

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 -3.44K -0.24% $0.00 1.46M Sep 11, 2024 Class A Common Stock 3.44K $0.53 Direct F6
transaction RBLX Stock Option (Right to Buy) Options Exercise $0 -66.6K -4.56% $0.00 1.39M Sep 12, 2024 Class A Common Stock 66.6K $0.53 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 November 18, 2023.
F2 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.
F3 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.04, 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 $45.00 to $45.58, 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 These shares are held by the Guthrie Family Irrevocable GST Exempt Trust dtd. 10/29/2021. The Reporting Person may be deemed to have beneficial ownership of the securities held by the trust.
F6 1/48th of the shares subject to the option vested on February 5, 2019, 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.