David Baszucki - 30 Jan 2025 Form 4 Insider Report for Roblox Corp (RBLX)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki
Issuer symbol
RBLX
Transactions as of
30 Jan 2025
Net transactions value
-$23,535,665
Form type
4
Filing time
03 Feb 2025, 17:00:12 UTC
Previous filing
09 Dec 2024
Next filing
11 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Options Exercise $73,434 +138,555 +107% $0.5300 267,856 30 Jan 2025 Direct F1, F2, F3
transaction RBLX Class A Common Stock Sale $9,923,960 -138,555 -52% $71.62 129,301 30 Jan 2025 Direct F1, F2, F4
transaction RBLX Class A Common Stock Gift $0 -13,855 -0.79% $0.000000 1,750,167 30 Jan 2025 See Footnote F1, F5, F6
transaction RBLX Class A Common Stock Gift $0 -27,711 -1.6% $0.000000 1,722,456 30 Jan 2025 See Footnote F1, F6, F7
transaction RBLX Class A Common Stock Gift $0 +27,711 +3167% $0.000000 28,586 30 Jan 2025 See Footnote F1, F7, F8
transaction RBLX Class A Common Stock Sale $1,984,792 -27,711 -97% $71.62 875 30 Jan 2025 See Footnote F1, F4, F8
transaction RBLX Class A Common Stock Sale $1,240,540 -17,320 -2% $71.62 857,665 30 Jan 2025 See Footnote F1, F4, F9
transaction RBLX Class A Common Stock Sale $1,240,540 -17,320 -14% $71.62 107,680 30 Jan 2025 See Footnote F1, F4, F10
transaction RBLX Class A Common Stock Options Exercise $47,256 +89,163 +69% $0.5300 218,464 31 Jan 2025 Direct F1, F2
transaction RBLX Class A Common Stock Sale $6,390,624 -89,163 -41% $71.67 129,301 31 Jan 2025 Direct F1, F2, F11
transaction RBLX Class A Common Stock Gift $0 -8,916 -0.52% $0.000000 1,713,540 31 Jan 2025 See Footnote F1, F5, F6
transaction RBLX Class A Common Stock Gift $0 -17,833 -1% $0.000000 1,695,707 31 Jan 2025 See Footnote F1, F6, F7
transaction RBLX Class A Common Stock Gift $0 +17,833 +2038% $0.000000 18,708 31 Jan 2025 See Footnote F1, F7, F8
transaction RBLX Class A Common Stock Sale $1,278,154 -17,833 -95% $71.67 875 31 Jan 2025 See Footnote F1, F8, F11
transaction RBLX Class A Common Stock Sale $798,873 -11,146 -1.3% $71.67 846,519 31 Jan 2025 See Footnote F1, F9, F11
transaction RBLX Class A Common Stock Sale $798,873 -11,146 -10% $71.67 96,534 31 Jan 2025 See Footnote F1, F10, F11

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 -138,555 -16% $0.000000 741,497 30 Jan 2025 Class A Common Stock 138,555 $0.5300 Direct F12
transaction RBLX Stock Option (Right to Buy) Options Exercise $0 -89,163 -12% $0.000000 652,334 31 Jan 2025 Class A Common Stock 89,163 $0.5300 Direct F12
* 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 transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 29, 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.
F3 This amount includes an inclusion of 6 shares that was previously not reflected in the Reporting Person's non-derivative securities beneficially owned, due to an administrative error.
F4 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $71.59 to $71.76, 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 The shares reported in this transaction represent a gift to a charitable organization.
F6 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.
F7 Represents a transfer of shares by the Freedom Revocable Trust dated February 28, 2017 as amended to The Baszucki Family Foundation.
F8 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.
F9 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.
F10 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.
F11 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $71.59 to $71.89, 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.
F12 1/48th of the shares subject to the option vested on February 1, 2018, 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.