0001104659-23-063690.txt : 20230523
0001104659-23-063690.hdr.sgml : 20230523
20230523171714
ACCESSION NUMBER: 0001104659-23-063690
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230520
FILED AS OF DATE: 20230523
DATE AS OF CHANGE: 20230523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sturman Daniel
CENTRAL INDEX KEY: 0001835042
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39763
FILM NUMBER: 23949853
MAIL ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Roblox Corp
CENTRAL INDEX KEY: 0001315098
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 200991664
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
BUSINESS PHONE: (888) 858-2569
MAIL ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
4
1
tm2316403-2_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-05-20
0
0001315098
Roblox Corp
RBLX
0001835042
Sturman Daniel
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO
CA
94403
0
1
0
0
Chief Technology Officer
0
Class A Common Stock
2023-05-20
4
J
0
11757
0
D
535262
D
Class A Common Stock
2023-05-22
4
S
0
9530
39.637
D
525732
D
Class A Common Stock
111982
I
See Footnotes
Class A Common Stock
111983
I
See Footnotes
Phantom Stock
2023-05-20
4
J
0
11757
A
Class A Common Stock
11757
11757
D
In connection with the vesting on May 20, 2023, of restricted stock units previously granted to the reporting person, the reporting person's receipt of 11,757 shares of Class A common stock was deferred, resulting in the reporting person's receipt instead of 11,757 shares of phantom stock pursuant to Roblox Corporation's deferred compensation plan. The reporting person is therefore reporting the disposition of 11,757 shares of Class A common stock in exchange for an equal number of shares of phantom stock.
A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of RSUs. This sale was to satisfy tax withholding obligations to be funded by a "sell to cover' transaction.
The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $39.4901 to $40.1189, inclusive. The Reporting Person undertakes to provide 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.
These shares are held directly by Lucy Simon LLC, a Delaware limited liability company for which the spouse of the Reporting Person serves as manager. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the limited liability company.
These shares are held directly by Mo Red LLC, a Delaware limited liability company for which the reporting person serves as manager. The Reporting Person may be deemed to have beneficial ownership over the securities held by the limited liability company.
Each share of phantom stock represents a right to receive one share of Class A common stock.
The phantom stock becomes payable in 3 equal annual installments starting on March 1, 2026 subject to the Reporting Person continuing as a service provider through March 1, 2026.
/s/Mark Reinstra Attorney-in-Fact for Daniel Sturman
2023-05-23