Daniel Sturman - Apr 8, 2022 Form 4 Insider Report for Roblox Corp (RBLX)

Role: Chief Technology Officer
Signature: /s/Mark Reinstra Attorney-in-Fact for Daniel Sturman
Stock symbol: RBLX
Transactions as of: Apr 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/12/2022, 08:33 PM
Previous filing: Feb 24, 2022
Next filing: Aug 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBLX	Class A Common Stock	Award	$0	+144K	+163.58%	$0.00	232K	Apr 8, 2022	Direct	F1, F2
transaction	RBLX	Class A Common Stock	Award	$0	+151K	+65.16%	$0.00	384K	Apr 8, 2022	Direct	F2, F3
holding	RBLX	Class A Common Stock						112K	Apr 8, 2022	See Footnotes	F4
holding	RBLX	Class A Common Stock						112K	Apr 8, 2022	See Footnote	F5

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	Performance Stock Unit	Award	$0	+72K		$0.00	72K	Apr 8, 2022	Class A Common Stock	72K		Direct	F6, F7, F8, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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. 1/16th of the RSUs shall vest on May 20, 2022 and 1/16th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2	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.
F3	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. 5/16ths of the RSUs shall vest on May 20, 2022 and 1/16th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F4	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.
F5	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.
F6	Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F7	Represents the maximum number of shares of Class A Common Stock which may be issued under this award.
F8	The vesting of the performance stock units 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.
F9	(continued from footnote 8) 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.