Daniel Sturman - Dec 22, 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/Mark Reinstra Attorney-in-Fact for Daniel Sturman
Stock symbol
RBLX
Transactions as of
Dec 22, 2021
Transactions value $
-$874,966
Form type
4
Date filed
12/23/2021, 04:31 PM
Previous filing
Dec 21, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Options Exercise $28.4K +8.33K +14.19% $3.41* 67.1K Dec 22, 2021 Direct
transaction RBLX Class A Common Stock Sale -$875K -8.33K -12.42% $105.00 58.7K Dec 22, 2021 Direct F1, F2
holding RBLX Class A Common Stock 112K Dec 22, 2021 See Footnotes F3
holding RBLX Class A Common Stock 112K Dec 22, 2021 See Footnote F4

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 RBLX Stock Option (Right to Buy) Options Exercise -$28.4K -8.33K -0.98% $3.41* 842K Dec 22, 2021 Class A Common Stock 8.33K $3.41 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 22, 2021.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $105.00 to $105.005, 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.
F3 These shares are held directly by Lucy Simon LLC, a Delaware limited liability company for which the spouse of the Reporting Person serves as manager. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the limited liability company.
F4 These shares are held directly by Mo Red LLC, a Delaware limited liability company for which the reporting person serves as manager. The Reporting Person may be deemed to have beneficial ownership over the securities held by the limited liability company.
F5 1/48th of the shares subject to the option vested on February 17, 2020, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.