Matthew C. Banks - 15 Nov 2023 Form 4 Insider Report for ROKU, INC (ROKU)

Role
VP, Corp Controller & CAO
Signature
/s/ Renee Strandness, attorney-in-fact
Issuer symbol
ROKU
Transactions as of
15 Nov 2023
Net transactions value
-$1,360,931
Form type
4
Filing time
17 Nov 2023, 18:27:42 UTC
Previous filing
03 Nov 2023
Next filing
05 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROKU Class A Common Stock Options Exercise $0 +16,711 +539% $0.000000 19,811 15 Nov 2023 Direct
transaction ROKU Class A Common Stock Sale $754,974 -8,480 -43% $89.03 11,331 16 Nov 2023 Direct F1
transaction ROKU Class A Common Stock Sale $605,957 -6,794 -60% $89.19 4,537 17 Nov 2023 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 -360 -17% $0.000000 1,797 15 Nov 2023 Class A Common Stock 360 Direct F3, F4
transaction ROKU Restricted Stock Unit Options Exercise $0 -749 -17% $0.000000 3,736 15 Nov 2023 Class A Common Stock 749 Direct F3, F5
transaction ROKU Restricted Stock Unit Options Exercise $0 -149 -11% $0.000000 1,187 15 Nov 2023 Class A Common Stock 149 Direct F3, F6
transaction ROKU Restricted Stock Unit Options Exercise $0 -13,378 -50% $0.000000 13,378 15 Nov 2023 Class A Common Stock 13,378 Direct F3, F7
transaction ROKU Restricted Stock Unit Options Exercise $0 -1,248 -7.7% $0.000000 14,984 15 Nov 2023 Class A Common Stock 1,248 Direct F3, F8
transaction ROKU Restricted Stock Unit Options Exercise $0 -827 -8.3% $0.000000 9,106 15 Nov 2023 Class A Common Stock 827 Direct F3, F9
* 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 These shares were sold by the Issuer in order to meet the tax withholding obligations of the reporting person in connection with the vesting of certain RSU awards on November 15, 2023.
F2 Shares sold pursuant to Mr. Banks'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 sixteen substantially equal quarterly installments. The first installment vested on June 1, 2021.
F5 This RSU vests in twelve substantially equal quarterly installments. The first installment vested on June 1, 2022.
F6 This RSU vests in fifteen substantially equal quarterly installments. The first installment vested on June 1, 2022.
F7 This RSU vests in two equal annual installments. The first installment vested on November 15, 2023.
F8 This RSU vests in fifteen substantially equal quarterly installments. The first installment vested on June 1, 2023.
F9 This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2023.