Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBLX | Class A Common Stock | Other | $0 | -1.6K | -9.99% | $0.00 | 14.4K | May 25, 2024 | Direct | F1, F2, F3 |
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 | +33.32% | 6.38K | May 25, 2024 | Class A Common Stock | 1.6K | Direct | F1, F4, F5, F6 |
Id | Content |
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F1 | In connection with the vesting on May 25, 2024, of restricted stock units previously granted to the reporting person, the reporting person's receipt of 1,595 shares of Class A common stock was deferred, resulting in the reporting person's receipt instead of 1,595 shares of phantom stock pursuant to Roblox Corporation's deferred compensation plan. The reporting person is therefore reporting the disposition of 1,595 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 | This amount includes 1 share of Class A Common Stock that had not previously been reflected in the Reporting Person's beneficially owned securities due to an administrative error. |
F4 | Each share of phantom stock represents a right to receive one share of Class A common stock. |
F5 | The phantom stock becomes payable in two lump sum payments each at 50% on March 1, 2028 subject to the Reporting Person continuing as a service provider through March 1, 2028 and 50% on a separation from service. |
F6 | This amount excludes 1 share of Phantom Stock that was previously reflected in the Reporting Person's beneficially owned securities due to an administrative error. |