Daniel Sturman - Feb 21, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/Mark Reinstra Attorney-in-Fact for Daniel Sturman
Stock symbol
RBLX
Transactions as of
Feb 21, 2023
Transactions value $
-$266,533
Form type
4
Date filed
2/23/2023, 04:22 PM
Previous filing
Feb 1, 2023
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$261K -6.89K -1.75% $37.84 387K Feb 21, 2023 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale -$5.98K -155 -0.04% $38.58 387K Feb 21, 2023 Direct F1, F3, F4
holding RBLX Class A Common Stock 112K Feb 21, 2023 See Footnotes F5
holding RBLX Class A Common Stock 112K Feb 21, 2023 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs). This sale was to satisfy tax withholding obligations to be funded by a "sell to cover' transaction.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $37.45 to $38.44, 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 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.
F4 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $38.45 to $38.84, 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.
F5 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.
F6 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.