Anthony J. Wood - Dec 13, 2023 Form 4 Insider Report for ROKU, INC (ROKU)

Role: CEO and Chairman BOD, Director, 10%+ Owner
Signature: /s/ Renee Strandness, attorney-in-fact
Stock symbol: ROKU
Transactions as of: Dec 13, 2023
Transactions value $: -$2,492,196
Form type: 4
Date filed: 12/15/2023, 07:38 PM
Previous filing: Dec 5, 2023
Next filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ROKU	Class A Common Stock	Conversion of derivative security		+25K			25K	Dec 13, 2023	Wood Revocable Trust	F1
transaction	ROKU	Class A Common Stock	Sale	-$432K	-4.46K	-17.84%	$96.94	20.5K	Dec 13, 2023	Wood Revocable Trust	F2, F3
transaction	ROKU	Class A Common Stock	Sale	-$399K	-4.07K	-19.82%	$97.94	16.5K	Dec 13, 2023	Wood Revocable Trust	F2, F4
transaction	ROKU	Class A Common Stock	Sale	-$487K	-4.92K	-29.85%	$99.00	11.6K	Dec 13, 2023	Wood Revocable Trust	F2, F5
transaction	ROKU	Class A Common Stock	Sale	-$125K	-1.25K	-10.84%	$99.89	10.3K	Dec 13, 2023	Wood Revocable Trust	F2, F6
transaction	ROKU	Class A Common Stock	Sale	-$182K	-1.8K	-17.48%	$101.02	8.5K	Dec 13, 2023	Wood Revocable Trust	F2, F7
transaction	ROKU	Class A Common Stock	Sale	-$826K	-8.1K	-95.29%	$102.02	400	Dec 13, 2023	Wood Revocable Trust	F2, F8
transaction	ROKU	Class A Common Stock	Sale	-$41.1K	-400	-100%	$102.72	0	Dec 13, 2023	Wood Revocable Trust	F2, F9
holding	ROKU	Class A Common Stock						141K	Dec 13, 2023	Direct
holding	ROKU	Class A Common Stock						42.5K	Dec 13, 2023	Wood 2020 Irrevocable Trust
holding	ROKU	Class A Common Stock						6.85K	Dec 13, 2023	The Anthony J. Wood 2022 Annuity Trust V
holding	ROKU	Class A Common Stock						54.7K	Dec 13, 2023	The Anthony J. Wood 2022 Annuity Trust V-B
holding	ROKU	Class A Common Stock						45.3K	Dec 13, 2023	The Anthony J. Wood 2023 Annuity Trust V-B
holding	ROKU	Class A Common Stock						41.9K	Dec 13, 2023	The Anthony J. Wood 2023 Annuity Trust V

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	ROKU	Class B Common Stock	Conversion of derivative security	$0	-25K	-0.15%	$0.00	17.2M	Dec 13, 2023	Class A Common Stock	25K	$0.00	Wood Revocable Trust	F1

* 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	Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock.
F2	Shares sold pursuant to a Rule 10b5-1 Sales Plan.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.43 to $97.43 per share, 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 within the range set forth in this footnote.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.44 to $98.44 per share, 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 within the range set forth in this footnote.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.47 to $99.47 per share, 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 within the range set forth in this footnote.
F6	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.52 to $100.52 per share, 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 within the range set forth in this footnote.
F7	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.57 to $101.57 per share, 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 within the range set forth in this footnote.
F8	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.57 to $102.57 per share, 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 within the range set forth in this footnote.
F9	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.60 to $103.60 per share, 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 within the range set forth in this footnote.