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

Signature
/s/ Mark Reinstra Attorney-in-Fact for Michael J. Guthrie
Issuer symbol
RBLX
Transactions as of
22 Nov 2021
Net transactions value
-$11,518,999
Form type
4
Filing time
24 Nov 2021, 18:07:11 UTC
Previous filing
07 Oct 2021
Next filing
15 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale $6,619 -56 -0.07% $118.19 80,569 22 Nov 2021 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale $5,008 -42 -0.05% $119.25 80,527 22 Nov 2021 Direct F1, F3, F4
transaction RBLX Class A Common Stock Sale $15,876 -132 -0.16% $120.27 80,395 22 Nov 2021 Direct F1, F3, F5
transaction RBLX Class A Common Stock Sale $24,128 -199 -0.25% $121.25 80,196 22 Nov 2021 Direct F1, F3, F6
transaction RBLX Class A Common Stock Sale $137,086 -1,121 -1.4% $122.29 79,075 22 Nov 2021 Direct F1, F3, F7
transaction RBLX Class A Common Stock Sale $66,014 -536 -0.68% $123.16 78,539 22 Nov 2021 Direct F1, F3, F8
transaction RBLX Class A Common Stock Sale $35,590 -287 -0.37% $124.01 78,252 22 Nov 2021 Direct F1, F3, F8
transaction RBLX Class A Common Stock Sale $9,001 -72 -0.09% $125.02 78,180 22 Nov 2021 Direct F1, F3, F9
transaction RBLX Class A Common Stock Sale $12,136 -96 -0.12% $126.42 78,084 22 Nov 2021 Direct F1, F3, F10
transaction RBLX Class A Common Stock Sale $17,714 -139 -0.18% $127.44 77,945 22 Nov 2021 Direct F1, F3, F11
transaction RBLX Class A Common Stock Sale $26,081 -203 -0.26% $128.48 77,742 22 Nov 2021 Direct F1, F3, F12
transaction RBLX Class A Common Stock Sale $15,133 -117 -0.15% $129.34 77,625 22 Nov 2021 Direct F1, F3, F13
transaction RBLX Class A Common Stock Sale $9,641 -74 -0.1% $130.29 77,551 22 Nov 2021 Direct F1, F3, F14
transaction RBLX Class A Common Stock Sale $3,675 -28 -0.04% $131.26 77,523 22 Nov 2021 Direct F1, F3, F15
transaction RBLX Class A Common Stock Sale $3,050 -23 -0.03% $132.61 77,500 22 Nov 2021 Direct F1, F3, F16
transaction RBLX Class A Common Stock Sale $5,340 -40 -0.05% $133.50 77,460 22 Nov 2021 Direct F1, F3, F17
transaction RBLX Class A Common Stock Sale $2,151 -16 -0.02% $134.43 77,444 22 Nov 2021 Direct F1, F3, F18
transaction RBLX Class A Common Stock Sale $3,934 -29 -0.04% $135.67 77,415 22 Nov 2021 Direct F1, F3, F19
transaction RBLX Class A Common Stock Sale $820 -6 -0.01% $136.62 77,409 22 Nov 2021 Direct F1, F3
transaction RBLX Class A Common Stock Options Exercise $65,296 +123,200 +159% $0.5300* 200,609 22 Nov 2021 Direct F3
transaction RBLX Class A Common Stock Sale $338,957 -2,868 -1.4% $118.19 197,741 22 Nov 2021 Direct F3, F20, F21
transaction RBLX Class A Common Stock Sale $311,055 -2,605 -1.3% $119.41 195,136 22 Nov 2021 Direct F3, F20, F22
transaction RBLX Class A Common Stock Sale $1,186,341 -9,862 -5.1% $120.29 185,274 22 Nov 2021 Direct F3, F20, F23
transaction RBLX Class A Common Stock Sale $1,055,676 -8,689 -4.7% $121.50 176,585 22 Nov 2021 Direct F3, F20, F24
transaction RBLX Class A Common Stock Sale $3,261,631 -26,641 -15% $122.43 149,944 22 Nov 2021 Direct F3, F20, F25
transaction RBLX Class A Common Stock Sale $1,993,594 -16,156 -11% $123.40 133,788 22 Nov 2021 Direct F3, F20, F26
transaction RBLX Class A Common Stock Sale $1,147,916 -9,229 -6.9% $124.38 124,559 22 Nov 2021 Direct F3, F20, F27
transaction RBLX Class A Common Stock Sale $320,631 -2,559 -2.1% $125.30 122,000 22 Nov 2021 Direct F3, F20, F28
transaction RBLX Class A Common Stock Sale $489,273 -3,869 -3.2% $126.46 118,131 22 Nov 2021 Direct F3, F20, F29
transaction RBLX Class A Common Stock Sale $1,014,929 -7,956 -6.7% $127.57 110,175 22 Nov 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 $65,296 -123,200 -6.5% $0.5300* 1,777,390 22 Nov 2021 Class A Common Stock 123,200 $0.5300 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.