Gregory Baszucki - Mar 8, 2024 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Director
Signature
/s/ Mark Reinstra Attorney-in-Fact for Gregory Baszucki
Stock symbol
RBLX
Transactions as of
Mar 8, 2024
Transactions value $
-$525,438
Form type
4
Date filed
3/12/2024, 04:59 PM
Previous filing
Feb 22, 2024
Next filing
Mar 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$408K -10.1K -0.1% $40.22 9.78M Mar 8, 2024 See Footnotes F1, F2, F3
transaction RBLX Class A Common Stock Sale -$118K -2.86K -0.03% $41.12 9.77M Mar 8, 2024 See Footnotes F1, F3, F4
holding RBLX Class A Common Stock 10.8K Mar 8, 2024 Direct F5
holding RBLX Class A Common Stock 869K Mar 8, 2024 See Footnotes F6
holding RBLX Class A Common Stock 869K Mar 8, 2024 See Footnotes F7
holding RBLX Class A Common Stock 1.32M Mar 8, 2024 See Footnotes F8
* 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 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 28, 2023.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $39.87 to $40.84, 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.
F3 These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
F4 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $40.88 to $41.31, 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 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.
F6 These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The reporting person may be deemed to have beneficial ownership of the shares held by the trust.
F7 These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The reporting person may be deemed to have beneficial ownership of the shares held by the trust.
F8 These shares are held directly under a Roth IRA account for the reporting person (formerly known as the PENSCO Trust Co).