Anthony P. Lee - Nov 15, 2024 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Director
Signature
/s/ Anthony P. Lee
Stock symbol
RBLX
Transactions as of
Nov 15, 2024
Transactions value $
-$1,308,435
Form type
4
Date filed
11/18/2024, 07:21 PM
Previous filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Sale -$1.31M -25K -0.43% $52.34 5.73M Nov 15, 2024 See footnote F1, F2, F3
holding RBLX Class A Common Stock 4.32M Nov 15, 2024 See footnote F4, F5, F6
holding RBLX Class A Common Stock 7.8M Nov 15, 2024 See footnote F5, F6, F7
holding RBLX Class A Common Stock 169K Nov 15, 2024 See footnote F5, F6, F8
holding RBLX Class A Common Stock 3.11M Nov 15, 2024 See footnote F5, F6, F9
holding RBLX Class A Common Stock 726K Nov 15, 2024 See footnote F5, F6, F10
holding RBLX Class A Common Stock 3.62M Nov 15, 2024 See footnote F5, F6, F11
holding RBLX Class A Common Stock 96.4K Nov 15, 2024 See footnote F5, F6, F12
holding RBLX Class A Common Stock 111K Nov 15, 2024 See footnote F5, F6, F13
holding RBLX Class A Common Stock 672K Nov 15, 2024 See footnote F14
holding RBLX Class A Common Stock 300K Nov 15, 2024 See footnote F15
holding RBLX Class A Common Stock 300K Nov 15, 2024 See footnote F16
* 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.005 to $52.515, inclusive. The reporting person undertakes to provide to 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.
F3 These shares are held directly by Fallen Leaf Revocable Trust for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership of the shares except to the extent if his pecuniary interest therein.
F4 These shares are held directly by Altos Ventures IV, L.P.
F5 The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2 GP, LLC; the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4 GP, LLC; the general partner of Altos Ventures IV, L.P. is Altos Management Partners IV, LLC; the general partner of Altos Ventures IV Liquidity Fund, L.P. and Altos Ventures IV Reserve Fund, L.P. is Altos IV LR GP, LLC; the general partner of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners, LLC; and the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, LLC (collectively, the General Partners).
F6 The reporting person is one of managing members of the general partners and managers of the respective entities that hold shares reported herein (the Altos Funds). The reporting person disclaims beneficial ownership of the shares held by the Altos Funds except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is the beneficial owner of any of the shares held by the Altos Funds for Section 16 or any other purpose.
F7 These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.
F8 These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
F9 These shares are held directly by Altos Roblox SPV 1, LLC.
F10 These shares are held directly by Altos Roblox SPV 2, LLC.
F11 These shares are held directly by Altos Roblox SPV 2020, LLC.
F12 These shares are held directly by Altos Hybrid 2, L.P.
F13 These shares are held directly by Altos Hybrid 4, L.P.
F14 These shares are held directly by Fallen Leaf LLC - Sub Fund No. 1 for which the reporting person serves as managing member. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein
F15 These shares are held directly by a trust for the son of the reporting person, for which the reporting person serves as co-trustee.
F16 These shares are held directly by a trust for the daughter of the reporting person, for which the reporting person serves as co-trustee.