VP, Corp Controller & CAO Banks Matthew C. converted options into 18,081 shares, covered exercise/tax liability with 8,967 shares and sold $621,047 worth of shares (8,693 units at $71.44), increasing direct ownership by 6% to 7,264 units (SEC Form 4)
$ROKU
Cable & Other Pay Television Services
Telecommunications
| 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
ROKU, INC [ ROKU ] |
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 | M | 18,081 | A | $0.0 | 24,924 | D | |||
| Class A Common Stock | 11/15/2024 | F | 8,967(1) | D | $68.87 | 15,957 | D | |||
| Class A Common Stock | 11/18/2024 | S | 4,628(2) | D | $70.91(3) | 11,329 | D | |||
| Class A Common Stock | 11/18/2024 | S | 2,325(2) | D | $71.59(4) | 9,004 | D | |||
| Class A Common Stock | 11/18/2024 | S | 1,740 | D | $72.66 | 7,264 | D | |||
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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 | ||||||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 359 | (6) | (6) | Class A Common Stock | 359 | $0.0 | 360 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 746 | (7) | (7) | Class A Common Stock | 746 | $0.0 | 749 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 149 | (8) | (8) | Class A Common Stock | 149 | $0.0 | 593 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 1,249 | (9) | (9) | Class A Common Stock | 1,249 | $0.0 | 9,989 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 827 | (10) | (10) | Class A Common Stock | 827 | $0.0 | 5,795 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 13,378 | (11) | (11) | Class A Common Stock | 13,378 | $0.0 | 0 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 1,202 | (12) | (12) | Class A Common Stock | 1,202 | $0.0 | 13,222 | D | ||||
| Restricted Stock Unit | (5) | 11/15/2024 | M | 171 | (13) | (13) | Class A Common Stock | 171 | $0.0 | 516 | D | ||||
| Explanation of Responses: |
| 1. Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of certain RSU awards on November 15, 2024. |
| 2. Shares sold pursuant to Mr. Banks' 10b5-1 plan. |
| 3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.35 to $71.28 per share, 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 within the range set forth in this footnote. |
| 4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.37 to $71.86 per share, 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 within the range set forth in this footnote. |
| 5. Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. |
| 6. This RSU vests in sixteen substantially equal quarterly installments. The first installment vested on June 1, 2021. |
| 7. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on June 1, 2022. |
| 8. This RSU vests in fifteen substantially equal quarterly installments. The first installment vested on June 1, 2022. |
| 9. This RSU vests in fifteen substantially equal quarterly installments. The first installment vested on June 1, 2023. |
| 10. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2023. |
| 11. This RSU vests in two equal annual installments. The first installment vested on November 15, 2023. |
| 12. This RSU vests in twelve substantially equal quarterly installments. The first installment vested on November 15, 2024. |
| 13. This RSU vests in four substantially equal quarterly installments. The first installment vested on November 15, 2024. |
| /s/ Renee Strandness, attorney-in-fact | 11/19/2024 | |
| ** 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. | ||