David Baszucki - 10 Nov 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki
Issuer symbol
RBLX
Transactions as of
10 Nov 2023
Transactions value $
-$34,562,214
Form type
4
Filing time
14 Nov 2023, 17:57:46 UTC
Previous filing
14 Aug 2023
Next filing
26 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Options Exercise $28.5K +375K +37500000% $0.08* 375K 10 Nov 2023 Direct F1
transaction RBLX Class A Common Stock Sale -$12.2M -317K -84.62% $38.50 57.7K 10 Nov 2023 Direct F1, F2
transaction RBLX Class A Common Stock Sale -$2.25M -57.7K -100% $39.07 1 10 Nov 2023 Direct F1, F3
transaction RBLX Class A Common Stock Gift $0 -75K -6.35% $0.00 1.11M 10 Nov 2023 See Footnote F1, F4, F5
transaction RBLX Class A Common Stock Gift $0 +75K $0.00 75K 10 Nov 2023 See Footnote F1, F4, F6
transaction RBLX Class A Common Stock Sale -$2.44M -63.5K -84.62% $38.50 11.5K 10 Nov 2023 See Footnote F1, F2, F6
transaction RBLX Class A Common Stock Sale -$451K -11.5K -100% $39.07 0 10 Nov 2023 See Footnote F1, F3, F6
transaction RBLX Class A Common Stock Gift $0 -37.5K -3.39% $0.00 1.07M 10 Nov 2023 See Footnote F1, F5, F7
transaction RBLX Class A Common Stock Options Exercise $28.5K +375K +37500000% $0.08* 375K 13 Nov 2023 Direct F1
transaction RBLX Class A Common Stock Sale -$3.96M -105K -27.94% $37.75 270K 13 Nov 2023 Direct F1, F8
transaction RBLX Class A Common Stock Sale -$10.4M -270K -100% $38.57 1 13 Nov 2023 Direct F1, F9
transaction RBLX Class A Common Stock Gift $0 -75K -7.02% $0.00 993K 13 Nov 2023 See Footnote F1, F4, F5
transaction RBLX Class A Common Stock Gift $0 +75K $0.00 75K 13 Nov 2023 See Footnote F1, F4, F6
transaction RBLX Class A Common Stock Sale -$791K -21K -27.94% $37.75 54K 13 Nov 2023 See Footnote F1, F6, F8
transaction RBLX Class A Common Stock Sale -$2.08M -54K -100% $38.57 0 13 Nov 2023 See Footnote F1, F6, F9
transaction RBLX Class A Common Stock Gift $0 -37.5K -3.78% $0.00 955K 13 Nov 2023 See Footnote F5, F7
holding RBLX Class A Common Stock 750K 10 Nov 2023 See Footnote F10
holding RBLX Class A Common Stock 375K 10 Nov 2023 See Footnote F11

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 Stock Option (Right to Buy) Options Exercise $0 -375K -18.86% $0.00 1.61M 10 Nov 2023 Class A Common Stock 375K $0.08 Direct F12
transaction RBLX Stock Option (Right to Buy) Options Exercise $0 -375K -23.24% $0.00 1.24M 13 Nov 2023 Class A Common Stock 375K $0.08 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on February 17, 2023.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $37.93 to $38.925, 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 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $38.93 to $39.44, 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.
F4 Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.
F5 These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the reporting person serves as trustee.
F6 These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation.
F7 The shares reported in this transaction represent a gift to a charitable organization.
F8 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $37.13 to $38.12, 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.
F9 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $38.13 to $38.82, 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.
F10 These shares are held by the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 of which the Bessemer Trust Company of Delaware, N.A. serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
F11 These shares are held by the 2020 David Baszucki Gift Trust dtd 12/31/2018 for which the Bessemer Trust of Delaware, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
F12 All of the shares subject to the option are fully vested and exercisable as of the date hereof.