Stephen H. Kay - Mar 1, 2024 Form 4 Insider Report for ROKU, INC (ROKU)

Role
SVP General Counsel, Secretary
Signature
/s/ Renee Strandness, attorney-in-fact
Stock symbol
ROKU
Transactions as of
Mar 1, 2024
Transactions value $
-$442,043
Form type
4
Date filed
3/5/2024, 08:40 PM
Previous filing
Nov 17, 2023
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROKU Class A Common Stock Options Exercise $0 +7.73K +9.58% $0.00 88.4K Mar 1, 2024 Direct
transaction ROKU Class A Common Stock Tax liability -$170K -2.68K -3.03% $63.35 85.8K Mar 1, 2024 Direct F1
transaction ROKU Class A Common Stock Sale -$272K -4.31K -5.03% $63.20 81.5K Mar 4, 2024 Direct F2

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 Restricted Stock Unit Options Exercise $0 -2.15K -16.67% $0.00 10.8K Mar 1, 2024 Class A Common Stock 2.15K Direct F3, F4
transaction ROKU Restricted Stock Unit Options Exercise $0 -4.44K -9.09% $0.00 44.4K Mar 1, 2024 Class A Common Stock 4.44K Direct F3, F5
transaction ROKU Restricted Stock Unit Options Exercise $0 -1.14K -24.99% $0.00 3.43K Mar 1, 2024 Class A Common Stock 1.14K Direct F3, 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 Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of certain RSU awards on March 1, 2024.
F2 Shares sold pursuant to Mr. Kay's 10b5-1 plan.
F3 Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F4 This RSU vests in twelve substantially equal quarterly installments. The first installment vested on September 1, 2022.
F5 This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2023.
F6 This RSU vests in four substantially equal quarterly installments. The first installment vested on March 1, 2024.