Director Lee Anthony P sold $1,308,435 worth of shares (25,000 units at $52.34) (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). | |||||||||||||||||
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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) 11/15/2024 | ||||||||||||||||||||||||||
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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 | 11/15/2024 | S(1) | 25,000 | D | $52.3374(2) | 5,731,695 | I | See footnote(3) | ||
| Class A Common Stock | 4,322,468 | I | See footnote(4)(5)(6) | |||||||
| Class A Common Stock | 7,795,829 | I | See footnote(5)(6)(7) | |||||||
| Class A Common Stock | 169,092 | I | See footnote(5)(6)(8) | |||||||
| Class A Common Stock | 3,114,511 | I | See footnote(5)(6)(9) | |||||||
| Class A Common Stock | 726,077 | I | See footnote(5)(6)(10) | |||||||
| Class A Common Stock | 3,615,183 | I | See footnote(5)(6)(11) | |||||||
| Class A Common Stock | 96,360 | I | See footnote(5)(6)(12) | |||||||
| Class A Common Stock | 111,112 | I | See footnote(5)(6)(13) | |||||||
| Class A Common Stock | 672,281 | I | See footnote(14) | |||||||
| Class A Common Stock | 300,000 | I | See footnote(15) | |||||||
| Class A Common Stock | 300,000 | I | See footnote(16) | |||||||
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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. 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. |
| 2. 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. |
| 3. 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. |
| 4. These shares are held directly by Altos Ventures IV, L.P. |
| 5. 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). |
| 6. 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. |
| 7. These shares are held directly by Altos Ventures IV Liquidity Fund, L.P. |
| 8. These shares are held directly by Altos Ventures IV Reserve Fund, L.P. |
| 9. These shares are held directly by Altos Roblox SPV 1, LLC. |
| 10. These shares are held directly by Altos Roblox SPV 2, LLC. |
| 11. These shares are held directly by Altos Roblox SPV 2020, LLC. |
| 12. These shares are held directly by Altos Hybrid 2, L.P. |
| 13. These shares are held directly by Altos Hybrid 4, L.P. |
| 14. 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 |
| 15. These shares are held directly by a trust for the son of the reporting person, for which the reporting person serves as co-trustee. |
| 16. 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 | 11/18/2024 | |
| ** 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. | ||