Brett Tolley - 18 Nov 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Principal Accounting Officer
Signature
/s/Mark Reinstra Attorney-in-Fact for Brett Tolley
Issuer symbol
RBLX
Transactions as of
18 Nov 2021
Net transactions value
-$3,375,000
Form type
4
Filing time
22 Nov 2021, 18:03:31 UTC
Previous filing
17 Nov 2021
Next filing
24 Nov 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 $13,250 +25,000 +356% $0.5300* 32,028 18 Nov 2021 Direct F1
transaction RBLX Class A Common Stock Sale $3,375,000 -25,000 -78% $135.00 7,028 18 Nov 2021 Direct F1, 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 RBLX Stock Option (Right to Buy) Options Exercise $13,250 -25,000 -37% $0.5300* 42,500 18 Nov 2021 Class A Common Stock 25,000 $0.5300 Direct F3
* 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 23, 2021.
F3 1/4th of the shares subject to the option became vested and exercisable as of May 1, 2018 and 1/48th of the shares subject to the option continue vest monthly thereafter, subject to Reporting Person continuing as a service provider through each vest date.