SEC Form 4
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Lee Anthony P

(Last) (First) (Middle)
C/O ROBLOX CORPORATION
970 PARK PLACE

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 11/11/2021 J(1) 20,000 D $0.00 40,336 I See Footnotes(2)
Class A Common Stock 11/11/2021 J(3) 17,796 D $0.00 343,650 I See Footnotes(4)(5)(6)
Class A Common Stock 11/11/2021 J(7) 928,195 D $0.00 19,698,617 I See Footnotes(5)(6)(8)
Class A Common Stock 11/11/2021 J(9) 61,105 D $0.00 2,824,077 I See Footnotes(5)(6)(10)
Class A Common Stock 11/11/2021 J(11) 605,650 D $0.00 13,747,586 I See Footnotes(5)(6)(12)
Class A Common Stock 11/11/2021 J(13) 694,632 D $0.00 30,130,239 I See Footnotes(5)(6)(12)
Class A Common Stock 11/11/2021 J(14) 32,958 D $0.00 633,286 I See Footnotes(5)(6)(15)
Class A Common Stock 11/11/2021 J(16) 485,541 D $0.00 16,690,572 I See Footnotes(5)(6)(17)
Class A Common Stock 111,112 I See Footnotes(5)(6)(18)
Class A Common Stock 1,056,194 I See Footnotes(19)
Class A Common Stock 92,317 I See Footnotes(20)
Class A Common Stock 55,499 I See Footnotes(21)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 the Issuer's Class A Common Stock by Altos Ventures Management, Inc. to one of its members.
2. These shares are held directly by Altos Ventures Management, Inc. (AVM). The members of the Board of Directors of AVM are the Reporting Person, Hodong Nam and Han Kim, who exercise voting and investment control over the shares. Each member of the Board of Directors of AVM disclaims beneficial ownership of the shares except to the extent of their pecuniary interest therein.
3. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Hybrid 2, L.P. to its members.
4. These shares are held directly by Altos Hybrid 2, L.P.
5. The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2GP, LLC; the general partner of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners IV, LLC; the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, 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 and the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4 GP, LLC (collectively, the General Partners).
6. The Reporting Person is one of the managing members of the general partners and managers of the respective entities that hold the 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. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Roblox SPV 1, LLC to its members.
8. These shares are held directly by Altos Roblox SPV 1, LLC.
9. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Roblox SPV 2, LLC to its members.
10. These shares are held directly by Altos Roblox SPV 2, LLC.
11. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Roblox SPV 2020, LLC to its members.
12. These shares are held directly by Altos Roblox SPV 2020, LLC.
13. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV Liquidity Fund, L.P. to its members.
14. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV Reserve Fund, L.P. to its members.
15. These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
16. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV, L.P. to its members.
17. These shares are held directly by Altos Ventures IV, L.P.
18. These shares are held directly by Altos Hybrid 4, L.P.
19. These shares are held directly by the Fallen Leaf Revocable Trust for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
20. These shares are held directly by the Fallen Leaf LLC - Sub Fund No. 1 for which the Reporting Person serves as managing member. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
21. These shares are held directly by the Fallen Leaf LLC - Sub Fund No. 2 for which the Reporting Person serves as managing member. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Remarks:
Anthony P. Lee 11/12/2021
** 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.