Anthony P. Lee - Jan 16, 2025 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Director
Signature
/s/ Anthony P. Lee
Stock symbol
RBLX
Transactions as of
Jan 16, 2025
Transactions value $
-$16,259,275
Form type
4
Date filed
1/17/2025, 04:21 PM
Previous filing
Jan 15, 2025
Next filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$16.3M -250K -3.84% $65.04 6.25M Jan 16, 2025 See footnote F1, F2, F3
transaction RBLX Class A Common Stock Other $0 -38.2K -100% $0.00 0 Jan 17, 2025 See footnote F4, F5
holding RBLX Class A Common Stock 2.16M Jan 16, 2025 See footnote F6, F7, F8
holding RBLX Class A Common Stock 3.9M Jan 16, 2025 See footnote F7, F8, F9
holding RBLX Class A Common Stock 84.5K Jan 16, 2025 See footnote F7, F8, F10
holding RBLX Class A Common Stock 1.56M Jan 16, 2025 See footnote F7, F8, F11
holding RBLX Class A Common Stock 363K Jan 16, 2025 See footnote F7, F8, F12
holding RBLX Class A Common Stock 1.81M Jan 16, 2025 See footnote F7, F8, F13
holding RBLX Class A Common Stock 48.2K Jan 16, 2025 See footnote F7, F8, F14
holding RBLX Class A Common Stock 111K Jan 16, 2025 See footnote F7, F8, F15
holding RBLX Class A Common Stock 772K Jan 16, 2025 See footnote F16
holding RBLX Class A Common Stock 300K Jan 16, 2025 See footnote F17
holding RBLX Class A Common Stock 300K Jan 16, 2025 See footnote F18
* 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.23, inclusive. The reporting person undertakes to provide to 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.
F3 These shares are held directly by Fallen Leaf Revocable Trust for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership of the shares except to the extent if his pecuniary interest therein.
F4 Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures Management, Inc. (AVMI).
F5 These shares are held directly by AVMI. The members of the Board of Directors of AVMI are Anthony P. Lee, Hodong Nam and Han Kim, who exercise voting and investment control over the shares. Each member of the Board of Directors disclaims beneficial ownership of the shares except to the extent of pecuniary interest therein.
F6 These shares are held directly by Altos Ventures IV, L.P.
F7 The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2 GP, LLC; the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4 GP, LLC; the general partner of Altos Ventures IV, L.P. is Altos Management Partners IV, LLC; the general partner of Altos Ventures IV Liquidity Fund, L.P. and Altos Ventures IV Reserve Fund, L.P. is Altos IV LR GP, LLC; the general partner of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners, LLC; and the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, LLC (collectively, the General Partners).
F8 The reporting person is one of managing members of the general partners and managers of the respective entities that hold shares reported herein (the Altos Funds). The reporting person disclaims beneficial ownership of the shares held by the Altos Funds except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is the beneficial owner of any of the shares held by the Altos Funds for Section 16 or any other purpose.
F9 These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.
F10 These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
F11 These shares are held directly by Altos Roblox SPV 1, LLC.
F12 These shares are held directly by Altos Roblox SPV 2, LLC.
F13 These shares are held directly by Altos Roblox SPV 2020, LLC.
F14 These shares are held directly by Altos Hybrid 2, L.P.
F15 These shares are held directly by Altos Hybrid 4, L.P.
F16 These shares are held directly by Fallen Leaf LLC - Sub Fund No. 1 for which the reporting person serves as managing member. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein
F17 These shares are held directly by a trust for the son of the reporting person, for which the reporting person serves as co-trustee.
F18 These shares are held directly by a trust for the daughter of the reporting person, for which the reporting person serves as co-trustee.