Michael Guthrie - 09 Jun 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Role: Chief Financial Officer
Signature: /s/ Mark Reinstra Attorney-in-Fact for Michael Guthrie
Issuer symbol: RBLX
Transactions as of: 09 Jun 2021
Net transactions value: -$4,584,225
Form type: 4
Filing time: 11 Jun 2021, 18:35:52 UTC
Next filing: 08 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBLX	Class A Common Stock	Options Exercise	$26,500	+50,000	+56%	$0.5300^*	140,000	09 Jun 2021	Direct	F1
transaction	RBLX	Class A Common Stock	Sale	$2,219,313	-24,348	-17%	$91.15	115,652	09 Jun 2021	Direct	F1, F2, F3
transaction	RBLX	Class A Common Stock	Sale	$856,801	-9,294	-8%	$92.19	106,358	09 Jun 2021	Direct	F1, F2, F4
transaction	RBLX	Class A Common Stock	Sale	$775,996	-8,306	-7.8%	$93.43	98,052	09 Jun 2021	Direct	F1, F2, F5
transaction	RBLX	Class A Common Stock	Sale	$673,266	-7,155	-7.3%	$94.10	90,897	09 Jun 2021	Direct	F1, F2, F6
transaction	RBLX	Class A Common Stock	Sale	$85,349	-897	-0.99%	$95.15	90,000	09 Jun 2021	Direct	F2, F7, F8

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	Stock Option (Right to Buy)	Options Exercise	$0	-50,000	-2.3%	$0.000000	2,088,530	09 Jun 2021	Class A Common Stock	50,000	$0.5300	Direct	F9

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

Explanation of Responses:

Id	Content
F1	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.
F2	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 20, 2021.
F3	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $90.76 to $91.73, 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.
F4	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $91.77 to $92.75, 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	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $92.78 to $93.77, 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.
F6	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $93.78 to $94.76, 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.
F7	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $94.80 to $95.68, 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.
F8	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.
F9	1/4th of the shares subject to the option became vested and exercisable as of February 5, 2019 and 1/48th of the shares subject to the option continue to vest monthly thereafter, subject to the Reporting Person continuing as a service provider through each vest date.