Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBLX | Class A Common Stock | Options Exercise | $0 | +112K | +33.83% | $0.00 | 443K | Feb 10, 2025 | Direct | F1, F2, F3 |
transaction | RBLX | Class A Common Stock | Sale | -$1.72M | -26.2K | -5.9% | $65.94 | 417K | Feb 11, 2025 | Direct | F3, F4, F5 |
holding | RBLX | Class A Common Stock | 61.4K | Feb 10, 2025 | See Footnote | F6 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBLX | Performance Stock Unit | Options Exercise | $0 | -112K | -100% | $0.00 | 0 | Feb 10, 2025 | Class A Common Stock | 112K | Direct | F7, F8 |
Id | Content |
---|---|
F1 | Upon certification of the achievement of certain performance criteria as approved by the Issuer's Leadership Development and Compensation Committee and the reporting person's continued service, 56,023 performance stock units ("PSUs") vested on February 10, 2025 and an additional 56,023 PSUs vest on April 13, 2026, subject to continued service. |
F2 | Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F3 | 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. |
F4 | Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of performance stock units ("PSUs"). 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. |
F5 | The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $65.48 to $66.34, 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 | 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. |
F7 | Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F8 | The vesting of the PSUs was subject to the satisfaction of both a performance-based requirement and a service-based requirement. A portion of the performance-based requirement was satisfied based on the achievement of certain cumulative bookings and EBITDA targets by the Issuer during the performance period. The Issuer's Leadership Development and Compensation Committee certified the award of 112,046 PSUs and the remaining 16,212 PSUs were forfeited. |