Michael Guthrie - Apr 13, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Chief Financial Officer
Signature
/s/ Mark Reinstra Attorney-in-Fact for Michael J. Guthrie
Stock symbol
RBLX
Transactions as of
Apr 13, 2023
Transactions value $
$0
Form type
4
Date filed
4/14/2023, 07:48 PM
Previous filing
May 24, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Award $0 +160K +85.45% $0.00 348K Apr 13, 2023 Direct F1

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 +128K $0.00 128K Apr 13, 2023 Class A Common Stock 128K Direct F2, F3, F4
* 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 Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
F4 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.