Gidon Katz - Nov 15, 2023 Form 4 Insider Report for ROKU, INC (ROKU)

Role
President, Consumer Experience
Signature
/s/ Renee Strandness, attorney-in-fact
Stock symbol
ROKU
Transactions as of
Nov 15, 2023
Transactions value $
-$910,341
Form type
4
Date filed
11/17/2023, 06:40 PM
Previous filing
Nov 3, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROKU Class A Common Stock Sale -$401K -4.46K -21.62% $90.00 16.1K Nov 15, 2023 Direct F1
transaction ROKU Class A Common Stock Options Exercise $0 +7.91K +48.96% $0.00 24.1K Nov 15, 2023 Direct
transaction ROKU Class A Common Stock Sale -$382K -4.3K -17.85% $89.03 19.8K Nov 16, 2023 Direct F2
transaction ROKU Class A Common Stock Sale -$127K -1.41K -7.13% $90.14 18.4K Nov 16, 2023 Direct F1

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 -3.34K -10% $0.00 30.1K Nov 15, 2023 Class A Common Stock 3.34K Direct F3, F4
transaction ROKU Restricted Stock Unit Options Exercise $0 -4.56K -100% $0.00* 0 Nov 15, 2023 Class A Common Stock 4.56K Direct F3, F5
* 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 Shares sold pursuant to Mr. Katz's 10b5-1 plan.
F2 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.
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, 2022.
F5 This RSU vests in six substantially equal quarterly installments. The first installment vested on September 1, 2022.