Michael Guthrie - Nov 22, 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for Michael J. Guthrie
Stock symbol
RBLX
Transactions as of
Nov 22, 2021
Transactions value $
-$11,518,999
Form type
4
Date filed
11/24/2021, 06:07 PM
Previous filing
Oct 7, 2021
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$6.62K -56 -0.07% $118.19 80.6K Nov 22, 2021 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale -$5.01K -42 -0.05% $119.25 80.5K Nov 22, 2021 Direct F1, F3, F4
transaction RBLX Class A Common Stock Sale -$15.9K -132 -0.16% $120.27 80.4K Nov 22, 2021 Direct F1, F3, F5
transaction RBLX Class A Common Stock Sale -$24.1K -199 -0.25% $121.25 80.2K Nov 22, 2021 Direct F1, F3, F6
transaction RBLX Class A Common Stock Sale -$137K -1.12K -1.4% $122.29 79.1K Nov 22, 2021 Direct F1, F3, F7
transaction RBLX Class A Common Stock Sale -$66K -536 -0.68% $123.16 78.5K Nov 22, 2021 Direct F1, F3, F8
transaction RBLX Class A Common Stock Sale -$35.6K -287 -0.37% $124.01 78.3K Nov 22, 2021 Direct F1, F3, F8
transaction RBLX Class A Common Stock Sale -$9K -72 -0.09% $125.02 78.2K Nov 22, 2021 Direct F1, F3, F9
transaction RBLX Class A Common Stock Sale -$12.1K -96 -0.12% $126.42 78.1K Nov 22, 2021 Direct F1, F3, F10
transaction RBLX Class A Common Stock Sale -$17.7K -139 -0.18% $127.44 77.9K Nov 22, 2021 Direct F1, F3, F11
transaction RBLX Class A Common Stock Sale -$26.1K -203 -0.26% $128.48 77.7K Nov 22, 2021 Direct F1, F3, F12
transaction RBLX Class A Common Stock Sale -$15.1K -117 -0.15% $129.34 77.6K Nov 22, 2021 Direct F1, F3, F13
transaction RBLX Class A Common Stock Sale -$9.64K -74 -0.1% $130.29 77.6K Nov 22, 2021 Direct F1, F3, F14
transaction RBLX Class A Common Stock Sale -$3.68K -28 -0.04% $131.26 77.5K Nov 22, 2021 Direct F1, F3, F15
transaction RBLX Class A Common Stock Sale -$3.05K -23 -0.03% $132.61 77.5K Nov 22, 2021 Direct F1, F3, F16
transaction RBLX Class A Common Stock Sale -$5.34K -40 -0.05% $133.50 77.5K Nov 22, 2021 Direct F1, F3, F17
transaction RBLX Class A Common Stock Sale -$2.15K -16 -0.02% $134.43 77.4K Nov 22, 2021 Direct F1, F3, F18
transaction RBLX Class A Common Stock Sale -$3.93K -29 -0.04% $135.67 77.4K Nov 22, 2021 Direct F1, F3, F19
transaction RBLX Class A Common Stock Sale -$820 -6 -0.01% $136.62 77.4K Nov 22, 2021 Direct F1, F3
transaction RBLX Class A Common Stock Options Exercise $65.3K +123K +159.15% $0.53* 201K Nov 22, 2021 Direct F3
transaction RBLX Class A Common Stock Sale -$339K -2.87K -1.43% $118.19 198K Nov 22, 2021 Direct F3, F20, F21
transaction RBLX Class A Common Stock Sale -$311K -2.61K -1.32% $119.41 195K Nov 22, 2021 Direct F3, F20, F22
transaction RBLX Class A Common Stock Sale -$1.19M -9.86K -5.05% $120.29 185K Nov 22, 2021 Direct F3, F20, F23
transaction RBLX Class A Common Stock Sale -$1.06M -8.69K -4.69% $121.50 177K Nov 22, 2021 Direct F3, F20, F24
transaction RBLX Class A Common Stock Sale -$3.26M -26.6K -15.09% $122.43 150K Nov 22, 2021 Direct F3, F20, F25
transaction RBLX Class A Common Stock Sale -$1.99M -16.2K -10.77% $123.40 134K Nov 22, 2021 Direct F3, F20, F26
transaction RBLX Class A Common Stock Sale -$1.15M -9.23K -6.9% $124.38 125K Nov 22, 2021 Direct F3, F20, F27
transaction RBLX Class A Common Stock Sale -$321K -2.56K -2.05% $125.30 122K Nov 22, 2021 Direct F3, F20, F28
transaction RBLX Class A Common Stock Sale -$489K -3.87K -3.17% $126.46 118K Nov 22, 2021 Direct F3, F20, F29
transaction RBLX Class A Common Stock Sale -$1.01M -7.96K -6.73% $127.57 110K Nov 22, 2021 Direct F3, F20, F30

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 -$65.3K -123K -6.48% $0.53* 1.78M Nov 22, 2021 Class A Common Stock 123K $0.53 Direct F31
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (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.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $117.67 to $118.63, 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 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $118.68 to $119.60, 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 $119.68 to $120.67, 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.
F6 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $120.70 to $121.69, 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 $121.70 to $122.69, 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 $123.70 to $124.69, 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 $124.70 to $125.67, 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.
F10 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $125.85 to $126.83, 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.
F11 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $126.94 to $127.92, 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.
F12 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $127.94 to $128.93, 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.
F13 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $128.94 to $129.90, 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.
F14 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $129.94 to $130.91, 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.
F15 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $130.95 to $131.80, 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.
F16 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $132.18 to $133.03, 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.
F17 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $133.19 to $133.98, 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.
F18 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $134.23 to $134.50, 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.
F19 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $135.39 to $136.30, 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.
F20 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.
F21 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $117.71 to $118.66, 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.
F22 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $118.84 to $119.75, 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.
F23 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $119.915 to $120.87, 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.
F24 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $120.92 to $121.91, 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.
F25 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $121.93 to $122.925, 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.
F26 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $122.93 to $123.92, 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.
F27 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $123.93 to $124.91, 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.
F28 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $124.95 to $125.80, 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.
F29 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $126.01 to $127.00, 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.
F30 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $127.01 to $128.00, 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.
F31 1/48th of the shares subject to the option vested on February 5, 2019, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Remarks:

This Form 4 is the first of two Forms 4 being filed by the Reporting Person relating to the same event.