Craig Donato - Apr 13, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Role: Chief Business Officer
Signature: /s/ Mark Reinstra Attorney-in-Fact for Craig Donato
Stock symbol: RBLX
Transactions as of: Apr 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/14/2023, 07:47 PM
Previous filing: Mar 17, 2023
Next filing: Apr 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBLX	Class A Common Stock	Award	$0	+117K	+10.37%	$0.00	1.25M	Apr 13, 2023	Direct	F1
holding	RBLX	Class A Common Stock						40K	Apr 13, 2023	See Footnote	F2
holding	RBLX	Class A Common Stock						40K	Apr 13, 2023	See Footnotes	F3

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	Performance Stock Unit	Award	$0	+94K		$0.00	94K	Apr 13, 2023	Class A Common Stock	94K		Direct	F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	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. 1/12th of the RSUs shall vest on May 20, 2023 and 1/12th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2	These shares are held directly by the Donato Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation.
F3	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.
F4	Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5	Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
F6	The vesting of the performance stock units ("PSUs") is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain cumulative Bookings and EBITDA targets by the Issuer between January 1, 2023 and December 31, 2024. Subject to continued service by the Reporting Person on each vesting date, 50% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee within 60 days following December 31, 2024 and the remaining 50% of the PSUs eligible to vest based on performance will vest on the third anniversary of the grant date.