Mark Reinstra - Dec 23, 2024 Form 4 Insider Report for Roblox Corp (RBLX)

Role: Chief Legal Off. & Corp. Sec.
Signature: /s/ Adele Freedman Attorney-in-Fact for Mark Reinstra
Stock symbol: RBLX
Transactions as of: Dec 23, 2024
Transactions value $: -$1,352,227
Form type: 4
Date filed: 12/26/2024, 09:28 PM
Previous filing: Dec 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBLX	Class A Common Stock	Options Exercise	$81.7K	+24K	+8.63%	$3.41	302K	Dec 23, 2024	Direct	F1
transaction	RBLX	Class A Common Stock	Sale	-$964K	-16.2K	-5.36%	$59.51	286K	Dec 23, 2024	Direct	F1, F2, F3
transaction	RBLX	Class A Common Stock	Sale	-$470K	-7.8K	-2.73%	$60.24	278K	Dec 23, 2024	Direct	F1, F2, F4
holding	RBLX	Class A Common Stock						109K	Dec 23, 2024	See footnote	F5
holding	RBLX	Class A Common Stock						40K	Dec 23, 2024	See footnote	F6
holding	RBLX	Class A Common Stock						18.5K	Dec 23, 2024	See Footnote	F7
holding	RBLX	Class A Common Stock						40K	Dec 23, 2024	See footnote	F8
holding	RBLX	Class A Common Stock						18.5K	Dec 23, 2024	See Footnotes	F9

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	-24K	-7.28%	$0.00	306K	Dec 23, 2024	Class A Common Stock	24K	$3.41	Direct	F10

* 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	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.
F2	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 14, 2024.
F3	The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $59.11 to $60.04, 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 price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $60.11 to $60.45, 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	These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the reporting person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
F6	These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
F7	These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
F8	These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
F9	These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
F10	1/4th of the shares subject to the option became vested and exercisable on December 4, 2020, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.