Matthew D. Kaufman - Mar 20, 2025 Form 3 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for Matthew D. Kaufman
Stock symbol
RBLX
Transactions as of
Mar 20, 2025
Transactions value $
$0
Form type
3
Date filed
3/26/2025, 06:24 PM
Next filing
Apr 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RBLX Class A Common Stock 370K Mar 20, 2025 Direct F1, F2, F3

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
holding RBLX Stock Option (Right to Buy) Mar 20, 2025 Class A Common Stock 41.3K $3.41 Direct F4
holding RBLX Performance Stock Unit Mar 20, 2025 Class A Common Stock 49.9K Direct F5, F6, F7, F8
holding RBLX Performance Stock Unit Mar 20, 2025 Class A Common Stock 97.5K Direct F7, F8, F9
holding RBLX Performance Stock Unit Mar 20, 2025 Class A Common Stock 72.8K Direct F7, F8, F10
* 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 The RSUs vest as follows: (i) 1,549 RSUs vest on 5/20/2024, (ii) 60,180 RSUs vest in 4 equal quarterly installments through 2/20/2026, (iii) 60,371 RSUs vest in 8 equal quarterly installments through 2/20/2027, and (iv) 60,371 RSUs vest in 12 equal quarterly installments through 2/20/2028 subject to continued service to the Company as of each vesting date.
F3 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, 27,703 performance stock units ("PSUs") vested on February 10, 2025 and an additional 27,704 PSUs vest on April 13, 2026, subject to continued service.
F4 All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F5 The vesting of the PSUs is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain Issuer stock price targets as first measured on April 1, 2024 (the "Beginning Measurement Date") and then measured on each of the next four quarterly anniversary dates thereafter. The performance-based requirement will be satisfied if an Issuer stock price target is satisfied during the trailing consecutive twenty trading day period ending on the most recent trading day prior to the Beginning Measurement Date or, thereafter during any trailing consecutive twenty trading day period beginning on the Beginning Measurement Date through the applicable measurement date.
F6 (continued from footnote 5) Vesting is subject to the Reporting Person continuing to be a service provider to the Issuer on the applicable measurement date on which the stock price goal is determined to have been achieved except as otherwise provided in the award agreement governing the award.
F7 Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
F8 Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F9 The vesting of the PSUs is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain cumulative Bookings and EBITDA targets by the Issuer between January 1, 2024 and December 31, 2025. Subject to continued service by the Reporting Person on each vesting date, 67% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee within 60 days following December 31, 2025 and the remaining 33% of the PSUs eligible to vest based on performance will vest in approximately equal quarterly installments thereafter on each of May 20, 2026, August 20, 2026, November 20, 2026, and February 20, 2027, subject to continued service.
F10 The vesting of the performance stock units ("PSUs") is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain cumulative Bookings and EBITDA targets by the Issuer between January 1, 2025 and December 31, 2026. Subject to continued service by the Reporting Person on each vesting date, 67% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee within 60 days following December 31, 2026 and the remaining 33% of the PSUs eligible to vest based on performance will vest in approximately equal quarterly installments thereafter on each of May 20, 2027, August 20, 2027, November 20, 2027, and February 20, 2028, subject to continued service.

Remarks:

Exhibit 24 - Power of Attourney