Craig Donato - Aug 23, 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for Craig Donato
Stock symbol
RBLX
Transactions as of
Aug 23, 2021
Transactions value $
-$5,809,351
Form type
4
Date filed
8/25/2021, 08:56 PM
Previous filing
Aug 23, 2021
Next filing
Sep 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$2.13M -25K -1.69% $85.00 1.46M Aug 23, 2021 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale -$204K -2.5K -0.17% $81.52 1.45M Aug 23, 2021 Direct F3, F4, F5
transaction RBLX Class A Common Stock Sale -$54.1K -659 -0.05% $82.15 1.45M Aug 23, 2021 Direct F3, F4, F6
transaction RBLX Class A Common Stock Sale -$87.1K -1.04K -0.07% $83.76 1.45M Aug 23, 2021 Direct F3, F4, F7
transaction RBLX Class A Common Stock Sale -$240K -2.83K -0.19% $84.79 1.45M Aug 23, 2021 Direct F3, F4, F8
transaction RBLX Class A Common Stock Sale -$46.5K -547 -0.04% $85.06 1.45M Aug 23, 2021 Direct F3, F4, F9
transaction RBLX Class A Common Stock Sale -$2.55M -30K -7.59% $85.00 365K Aug 23, 2021 See Footnotes F1, F2, F10
transaction RBLX Class A Common Stock Sale -$503K -5.7K -0.39% $88.21 1.44M Aug 24, 2021 Direct F1, F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 23, 2021.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.01, 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 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F5 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $80.92 to $81.91, 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 $81.92 to $82.90, 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 $83.03 to $84.02, 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 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $84.03 to $85.02, 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.
F9 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $85.12, 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.
F10 These shares are held directly by the Donato Generation Skipping Trust dtd 09/04/2020 for which the Reporting Person and his spouse serve as trustees. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Trust.
F11 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $88.07 to $88.46, 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.