Gregory Baszucki - Nov 20, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Director
Signature
/s/ Adele Freedman Attorney-in-Fact for Gregory Baszucki
Stock symbol
RBLX
Transactions as of
Nov 20, 2023
Transactions value $
$0
Form type
4
Date filed
11/22/2023, 06:04 PM
Previous filing
Oct 25, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Other $0 -1.6K -11.4% $0.00 12.4K Nov 20, 2023 Direct F1, F2
holding RBLX Class A Common Stock 9.84M Nov 20, 2023 See Footnotes F3
holding RBLX Class A Common Stock 869K Nov 20, 2023 See Footnotes F4
holding RBLX Class A Common Stock 869K Nov 20, 2023 See Footnotes F5
holding RBLX Class A Common Stock 1.32M Nov 20, 2023 See Footnotes F6

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 Phantom Stock Other +1.6K +100% 3.19K Nov 20, 2023 Class A Common Stock 1.6K Direct F1, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting on November 20, 2023, of restricted stock units previously granted to the reporting person, the reporting person's receipt of 1,596 shares of Class A common stock was deferred, resulting in the reporting person's receipt instead of 1,596 shares of phantom stock pursuant to Roblox Corporation's deferred compensation plan. The reporting person is therefore reporting the disposition of 1,596 shares of Class A common stock in exchange for an equal number of shares of phantom stock.
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.
F3 These shares are held of record by the Greg and Christina Baszucki Living Trust dtd 08/18/2006 of which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the shares held by the Trust.
F4 These shares are held directly by the Morningstar Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The reporting person may be deemed to have beneficial ownership of the shares held by the trust.
F5 These shares are held directly by the Crossbow Dynasty Trust dtd 11/13/2020 of which Bessemer Trust Company of DE, N.A. serves as trustee. The reporting person may be deemed to have beneficial ownership of the shares held by the trust.
F6 These shares are held directly under a Roth IRA account for the reporting person (formerly known as the PENSCO Trust Co).
F7 Each share of phantom stock represents a right to receive one share of Class A common stock.
F8 The phantom stock becomes payable in 10 equal annual installments starting on the date the Reporting Person ceases to be a service provider.