Michael Guthrie - 21 Nov 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Adele Freedman Attorney-in-Fact for Michael J. Guthrie
Issuer symbol
RBLX
Transactions as of
21 Nov 2023
Net transactions value
-$539,639
Form type
4
Filing time
24 Nov 2023, 15:20:04 UTC
Previous filing
22 Aug 2023
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale $534,148 -14,558 -5.3% $36.69 258,379 21 Nov 2023 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale $5,492 -147 -0.06% $37.36 258,232 21 Nov 2023 Direct F1, F3, F4
transaction RBLX Class A Common Stock Gift $0 -13,631 -5.3% $0.000000 244,601 22 Nov 2023 Direct F3, F5
transaction RBLX Class A Common Stock Gift $0 +13,631 +29% $0.000000 61,422 22 Nov 2023 See Footnote F5, F6
* 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 was to satisfy tax withholding obligations to be funded by a "sell to cover' transaction.
F2 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $36.35 to $37.34, 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 price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $37.35 to $37.43, 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.
F5 Represents a gift of shares to the Guthrie Family Irrevocable GST Exempt Trust dtd. 10/29/2021.
F6 These shares are held by the Guthrie Family Irrevocable GST Exempt Trust dtd. 10/29/2021. The Reporting Person may be deemed to have beneficial ownership of the securities held by the trust.