Alan S. Henricks - 20 May 2021 Form 4 Insider Report for ROKU, INC (ROKU)

Role: Director
Signature: /s/ Christy Lillquist, attorney-in-fact
Issuer symbol: ROKU
Transactions as of: 20 May 2021
Net transactions value: -$1,021,000
Form type: 4
Filing time: 24 May 2021, 18:03:19 UTC
Previous filing: 19 May 2021
Next filing: 19 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	ROKU	Class A Common Stock	Conversion of derivative security	$5,640	+1,000	+23%	$5.64^*	5,287	20 May 2021	Direct
transaction	ROKU	Class A Common Stock	Sale	$331,000	-1,000	-19%	$331.00	4,287	20 May 2021	Direct
transaction	ROKU	Class A Common Stock	Conversion of derivative security	$5,640	+1,000	+23%	$5.64^*	5,287	24 May 2021	Direct
transaction	ROKU	Class A Common Stock	Sale	$340,000	-1,000	-19%	$340.00	4,287	24 May 2021	Direct
transaction	ROKU	Class A Common Stock	Conversion of derivative security	$5,640	+1,000	+23%	$5.64^*	5,287	24 May 2021	Direct
transaction	ROKU	Class A Common Stock	Sale	$350,000	-1,000	-19%	$350.00	4,287	24 May 2021	Direct

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	ROKU	Employee Stock Option (Right to Buy)	Options Exercise	$5,640	-1,000	-9.2%	$5.64^*	9,833	20 May 2021	Class B Common Stock	1,000	$5.64	Direct	F1
transaction	ROKU	Class B Common Stock	Options Exercise	$5,640	+1,000		$5.64^*	1,000	20 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2
transaction	ROKU	Class B Common Stock	Conversion of derivative security	$5,640	-1,000	-100%	$5.64^*	0	20 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2
transaction	ROKU	Employee Stock Option (Right to Buy)	Options Exercise	$5,640	-1,000	-10%	$5.64^*	8,833	24 May 2021	Class B Common Stock	1,000	$5.64	Direct	F1
transaction	ROKU	Class B Common Stock	Options Exercise	$5,640	+1,000		$5.64^*	1,000	24 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2
transaction	ROKU	Class B Common Stock	Conversion of derivative security	$5,640	-1,000	-100%	$5.64^*	0	24 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2
transaction	ROKU	Employee Stock Option (Right to Buy)	Options Exercise	$5,640	-1,000	-11%	$5.64^*	7,833	24 May 2021	Class B Common Stock	1,000	$5.64	Direct	F1
transaction	ROKU	Class B Common Stock	Options Exercise	$5,640	+1,000		$5.64^*	1,000	24 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2
transaction	ROKU	Class B Common Stock	Conversion of derivative security	$5,640	-1,000	-100%	$5.64^*	0	24 May 2021	Class A Common Stock	1,000	$5.64	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock option is fully vested.
F2	Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock.

Content

This stock option is fully vested.

Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of: (i) any transfer except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, (ii) the first "Trading Day", as defined in the Issuer's restated certificate of incorporation, falling on or after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the vote of the holders of Class B Common Stock representing at least 66-2/3% of the shares of Class B Common Stock.