Director Lee Anthony P disposed of 13,709,834 shares and acquired 1,297,560 shares (SEC Form 4)
$RBLX
Computer Software: Prepackaged Software
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a 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). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/04/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class A Common Stock | 11/04/2024 | J(1) | 2,469,980 | D | $0 | 4,322,468 | I | See footnotes(2)(3)(4) | ||
| Class A Common Stock | 11/04/2024 | J(5) | 4,454,760 | D | $0 | 7,795,829 | I | See footnotes(3)(4)(6) | ||
| Class A Common Stock | 11/04/2024 | J(7) | 96,626 | D | $0 | 169,092 | I | See footnotes(3)(4)(8) | ||
| Class A Common Stock | 11/04/2024 | J(9) | 4,152,682 | D | $0 | 3,114,511 | I | See footnotes(3)(4)(10) | ||
| Class A Common Stock | 11/04/2024 | J(11) | 414,902 | D | $0 | 726,077 | I | See footnotes(3)(4)(12) | ||
| Class A Common Stock | 11/04/2024 | J(13) | 2,065,820 | D | $0 | 3,615,183 | I | See footnotes(3)(4)(14) | ||
| Class A Common Stock | 11/04/2024 | J(15) | 55,064 | D | $0 | 96,360 | I | See footnotes(3)(4)(16) | ||
| Class A Common Stock | 11/04/2024 | J(17) | 134,700 | A | $0 | 134,700 | I | See footnote(18) | ||
| Class A Common Stock | 11/04/2024 | J(19) | 1,049,116 | A | $0 | 5,756,695 | I | See footnotes(20) | ||
| Class A Common Stock | 11/04/2024 | J(21) | 113,744 | A | $0 | 672,281 | I | See footnotes(22) | ||
| Class A Common Stock | 111,112 | I | See footnote(3)(4)(23) | |||||||
| Class A Common Stock | 300,000 | I | See footnote(24) | |||||||
| Class A Common Stock | 300,000 | I | See footnote(25) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV, L.P. to its partners. |
| 2. These shares are held directly by Altos Ventures IV, L.P. |
| 3. 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). |
| 4. 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. |
| 5. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV Liquidity Fund, L.P. to its partners. |
| 6. These shares are held directly by Altos Ventures IV Liquidity Fund, L.P. |
| 7. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV Reserve Fund, L.P. to its partners. |
| 8. These shares are held directly by Altos Ventures IV Reserve Fund, L.P. |
| 9. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 1, LLC to its partners. |
| 10. These shares are held directly by Altos Roblox SPV 1, LLC. |
| 11. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 2, LLC to its partners. |
| 12. These shares are held directly by Altos Roblox SPV 2, LLC. |
| 13. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 2020, LLC to its partners. |
| 14. These shares are held directly by Altos Roblox SPV 2020, LLC. |
| 15. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Hybrid 2, L.P. |
| 16. These shares are held directly by Altos Hybrid 2, L.P. |
| 17. Represents shares of the Issuer's Class A Common Stock received by Altos Ventures Management Inc. (AVMI) in pro-rata in kind sub-distributions from Altos Roblox SPV 1, LLC and Altos Roblox SPV 2020, LLC. |
| 18. These shares are held directly by AVMI. The members of the Board of Directors of AVMI are Anthony P. Lee, Hodong Nam and Han Kim, who exercise voting and investment control over the shares. Each member of the Board of Directors disclaims beneficial ownership of the shares except to the extent of pecuniary interest therein. |
| 19. Represents shares of the Issuer's Class A Common Stock received by the reporting person in the various pro-rata in kind distributions from Altos Ventures IV, LP, Altos Ventures IV Liquidity Fund, L.P., Altos Ventures IV Reserve Fund, L.P., Altos Roblox SPV 1, LLC, Altos Roblox SPV 2, LLC and Altos Hybrid 2, L.P. |
| 20. 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 of his pecuniary interest therein. |
| 21. Represents shares of the Issuer's Class A Common Stock received by the reporting person in a pro-rata in kind distributions from Altos Roblox SPV 2020, LLC. |
| 22. 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. |
| 23. These shares are held directly by Altos Hybrid 4, L.P. |
| 24. These shares are held directly by a trust for the son of the reporting person, for which the reporting person serves as co-trustee. |
| 25. These shares are held directly by a trust for the daughter of the reporting person, for which the reporting person serves as co-trustee. |
| /s/ Anthony P. Lee | 11/06/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||