David Baszucki - 09 Feb 2024 Form 4 Insider Report for Roblox Corp (RBLX)

Signature
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki
Issuer symbol
RBLX
Transactions as of
09 Feb 2024
Net transactions value
-$21,145,833
Form type
4
Filing time
13 Feb 2024, 17:25:04 UTC
Previous filing
26 Dec 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Options Exercise $15,180 +200,000 +20000000% $0.0759* 200,001 09 Feb 2024 Direct F1
transaction RBLX Class A Common Stock Sale $7,208,643 -163,521 -82% $44.08 36,480 09 Feb 2024 Direct F1, F2
transaction RBLX Class A Common Stock Sale $1,620,944 -36,479 -100% $44.44 1 09 Feb 2024 Direct F1, F3
transaction RBLX Class A Common Stock Gift $0 -20,000 -2.1% $0.000000 925,001 09 Feb 2024 See Footnote F1, F4, F5
transaction RBLX Class A Common Stock Gift $0 -40,000 -4.3% $0.000000 885,001 09 Feb 2024 See Footnote F1, F5, F6
transaction RBLX Class A Common Stock Gift $0 +40,000 $0.000000 40,000 09 Feb 2024 See Footnote F1, F6, F7
transaction RBLX Class A Common Stock Sale $1,441,720 -32,704 -82% $44.08 7,296 09 Feb 2024 See Footnote F1, F2, F7
transaction RBLX Class A Common Stock Sale $324,198 -7,296 -100% $44.44 0 09 Feb 2024 See Footnote F1, F3, F7
transaction RBLX Class A Common Stock Options Exercise $15,180 +200,000 +20000000% $0.0759* 200,001 12 Feb 2024 Direct F1
transaction RBLX Class A Common Stock Sale $8,817,240 -200,000 -100% $44.09 1 12 Feb 2024 Direct F1, F8
transaction RBLX Class A Common Stock Gift $0 -20,000 -2.3% $0.000000 865,001 12 Feb 2024 See Footnote F1, F4, F5
transaction RBLX Class A Common Stock Gift $0 -40,000 -4.6% $0.000000 825,001 12 Feb 2024 See Footnote F1, F5, F6
transaction RBLX Class A Common Stock Gift $0 +40,000 $0.000000 40,000 12 Feb 2024 See Footnote F1, F6, F7
transaction RBLX Class A Common Stock Sale $1,763,448 -40,000 -100% $44.09 0 12 Feb 2024 See Footnote F1, F7, F8
holding RBLX Class A Common Stock 375,000 09 Feb 2024 See Footnote F9
holding RBLX Class A Common Stock 750,000 09 Feb 2024 See Footnote F10

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 -200,000 -18% $0.000000 934,730 09 Feb 2024 Class A Common Stock 200,000 $0.0759 Direct F11
transaction RBLX Stock Option (Right to Buy) Options Exercise $0 -200,000 -21% $0.000000 734,730 12 Feb 2024 Class A Common Stock 200,000 $0.0759 Direct F11
* 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 $43.38 to $44.375, 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 $44.38 to $44.59, 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 The shares reported in this transaction represent a gift to a charitable organization.
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 Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.
F7 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.
F8 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $43.73 to $44.63, 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 These shares are held by the 2020 David Baszucki Gift Trust dtd 4/3/2020 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.
F10 These shares are held by the 2020 Jan Baszucki Gift Trust dtd 4/3/2020 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 All of the shares subject to the option are fully vested and exercisable as of the date hereof.