Scott A. Rosenberg - Dec 23, 2021 Form 4 Insider Report for ROKU, INC (ROKU)

Signature
/s/ Christy Lillquist, attorney-in-fact
Stock symbol
ROKU
Transactions as of
Dec 23, 2021
Transactions value $
$0
Form type
4
Date filed
12/27/2021, 03:28 PM
Previous filing
Nov 23, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROKU Class A Common Stock Conversion of derivative security $333K +54.5K +360.34% $6.12* 69.6K Dec 23, 2021 Direct
transaction ROKU Class A Common Stock Conversion of derivative security $35.2K +6.18K +8.87% $5.70* 75.8K Dec 23, 2021 Direct
holding ROKU Class A Common Stock 26.3K Dec 23, 2021 Rosenberg 2021 Gift Trust

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 -$333K -54.5K -87.89% $6.12* 7.51K Dec 23, 2021 Class B Common Stock 54.5K $6.12 Direct F1
transaction ROKU Class B Common Stock Options Exercise $333K +54.5K $6.12* 54.5K Dec 23, 2021 Class A Common Stock 54.5K $6.12 Direct F2
transaction ROKU Class B Common Stock Conversion of derivative security -$333K -54.5K -100% $6.12* 0 Dec 23, 2021 Class A Common Stock 0 $6.12 Direct F2
transaction ROKU Employee Stock Option (Right to Buy) Options Exercise -$35.2K -6.18K -14.78% $5.70* 35.6K Dec 23, 2021 Class B Common Stock 6.18K $5.70 Direct F1
transaction ROKU Class B Common Stock Options Exercise $35.2K +6.18K $5.70* 6.18K Dec 23, 2021 Class A Common Stock 6.18K $5.70 Direct F2
transaction ROKU Class B Common Stock Conversion of derivative security -$35.2K -6.18K -100% $5.70* 0 Dec 23, 2021 Class A Common Stock 0 $5.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This 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.