Michael Guthrie - May 22, 2023 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
May 22, 2023
Transactions value $
-$502,121
Form type
4
Date filed
5/24/2023, 07:36 PM
Previous filing
Apr 14, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$477K -12K -3.46% $39.60 336K May 22, 2023 Direct F1, F2, F3, F4
transaction RBLX Class A Common Stock Sale -$25.6K -633 -0.19% $40.37 335K May 22, 2023 Direct F1, F3, F5
* 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 satisfies the 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 $39.24 to $40.23, 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 shares beneficially owned by the Reporting Person have been corrected due to an administrative error, and reflect the reporting person's ownership following the transactions reported in this Form 4.
F5 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $40.235 to $40.475, 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