Altos Ventures Management, Inc. - Aug 31, 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Role: 10%+ Owner
Signature: /s/ Anthony P. Lee, Vice President of Altos Ventures Management, Inc.
Stock symbol: RBLX
Transactions as of: Aug 31, 2021
Transactions value $: -$2,054,020
Form type: 4
Date filed: 9/3/2021, 08:15 PM
Next filing: Nov 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBLX	Class A Common Stock	Sale	-$2.05M	-25K	-29.3%	$82.16	60.3K	Aug 31, 2021	See Footnote	F1, F2
holding	RBLX	Class A Common Stock						361K	Aug 31, 2021	See Footnote	F3, F4, F5, F6
holding	RBLX	Class A Common Stock						20.6M	Aug 31, 2021	See Footnote	F4, F5, F6, F7
holding	RBLX	Class A Common Stock						2.89M	Aug 31, 2021	See Footnote	F4, F5, F6, F8
holding	RBLX	Class A Common Stock						14.4M	Aug 31, 2021	See Footnote	F4, F5, F6, F9
holding	RBLX	Class A Common Stock						17.2M	Aug 31, 2021	See Footnote	F4, F5, F6, F10
holding	RBLX	Class A Common Stock						30.8M	Aug 31, 2021	See Footnote	F4, F5, F6, F11
holding	RBLX	Class A Common Stock						666K	Aug 31, 2021	See Footnote	F4, F5, F6, F12
holding	RBLX	Class A Common Stock						111K	Aug 31, 2021	See Footnotes	F4, F5, F6, F13
holding	RBLX	Class A Common Stock						1.29M	Aug 31, 2021	See Footnotes	F14
holding	RBLX	Class A Common Stock						1.29M	Aug 31, 2021	See Footnotes	F15
holding	RBLX	Class A Common Stock						67.6K	Aug 31, 2021	See Footnotes	F16
holding	RBLX	Class A Common Stock						67.6K	Aug 31, 2021	See Footnotes	F17

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

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $81.83 to $82.67, 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.
F2	These shares are held directly by Altos Ventures Management, Inc.(AVM) The members of the Board of Directors of AVM are Anthony P. Lee, Hodong Nam and Han Kim, who exercise voting and investment control over the shares. Each member of the Board of Directors disclaims beneficial ownership of the shares except to the extent of their pecuniary interest therein.
F3	These shares are held directly by Altos Hybrid 2, LP.
F4	The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2GP, LLC; the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4 GP, LLC; and the general partner of Altos Ventures IV Liquidity Fund, L.P., Altos Ventures IV Reserve Fund, L.P. and Altos Ventures IV, L.P. is Altos Management Partners IV, LLC (collectively, the General Partners). The manager of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners IV, LLC; the manager of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, LLC; the manager of Altos Hybrid 4 GS, LLC and Altos Hybrid HG, LLC is Altos Hybrid 4 GP, LLC; the manager of Altos Hybrid 2 V, LLC and Altos Hybrid 2 P-FIO, LLC is Altos Hybrid 2 GP, LLC; the manager of Altos Hybrid 3 B, LLC, Altos Hybrid 3M, LLC, and Altos Hybrid 3W, LLC is Altos Hybrid 3 GP, LLC; the manager of Altos Hybrid UP, LLC and Altos Hybrid CC, LLC is Altos Hybrid 4 GP, LLC (collectively, the Managers).
F5	The Managing Directors or Managing Members of the General Partners and the Managers of the Altos Funds are Anthony P. Lee, Han Kim and Hodong Nam who exercise investment and voting control over the shares held by the Altos Funds. Anthony P. Lee, a director of the Issuer, files separate Section 16 reports. Han Kim and Hondong Nam disclaim beneficial ownership of the shares held by the Altos Funds except to the extent of their respective pecuriary interest therein, if any.
F6	The General Partners and the Managers disclaim beneficial ownership of the shares reported herein except to the extent of their respective pecuniary interests therein, if any.
F7	These share are held directly by Altos Roblox SPV 1, LLC.
F8	These shares are held directly by Altos Roblox SPV 2, LLC.
F9	These shares are held directly by Altos Roblox SPV 2020, LLC.
F10	These shares are held directly by Altos Ventures IV, L.P.
F11	These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.
F12	These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
F13	These shares are held directly by Altos Hybrid 4, L.P.
F14	These shares are held directly by The Kim Living Trust for which Han Kim serves as trustee. Mr. Kim disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F15	These shares are held directly by the Nam-MacGill 2006 Family Trust for which Hodong Nam serves as trustee. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F16	These shares are held directly by the Han Family Investments, LLC - Sub Fund No. 1 for which Han Kim serves as Managing Member. Mr. Kim disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F17	These shares are held directly by the Nam-MacGill Investments, LLC - Sub Fund No. 1 for which Hodong Nam serves as Managing Member. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.