Craig Donato - May 15, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for Craig Donato
Stock symbol
RBLX
Transactions as of
May 15, 2023
Transactions value $
-$115,295
Form type
4
Date filed
5/16/2023, 05:25 PM
Previous filing
Apr 19, 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 Sale -$115K -2.95K -0.24% $39.03 1.25M May 15, 2023 Direct F1
holding RBLX Class A Common Stock 40K May 15, 2023 See Footnote F2
holding RBLX Class A Common Stock 40K May 15, 2023 See Footnotes F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 31, 2022.
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.