Manuel Bronstein - Jul 11, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Chief Product Officer
Signature
/s/ Adele Freedman Attorney-in-Fact for Manuel Bronstein
Stock symbol
RBLX
Transactions as of
Jul 11, 2023
Transactions value $
-$653,445
Form type
4
Date filed
7/13/2023, 04:46 PM
Previous filing
May 24, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$653K -14.5K -1.75% $45.00 815K Jul 11, 2023 Direct F1, F2
* 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 February 24, 2023.
F2 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.