Amy M. Rawlings - Nov 27, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Adele Freedman Attorney-in-Fact for Amy M. Rawlings
Stock symbol
RBLX
Transactions as of
Nov 27, 2023
Transactions value $
-$95,622
Form type
4
Date filed
11/28/2023, 06:09 PM
Previous filing
Nov 24, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$95.6K -2.52K -2.58% $37.90 95.2K Nov 27, 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 August 28, 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.