SEC FORM 4

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

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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).

1. Name and Address of Reporting Person^*

Altos Ventures IV Reserve Fund, L.P.

(Last)

(First)

(Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(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)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2021

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/19/2021		S		14,839	D	$134.42⁽¹⁾	618,447	D⁽²⁾⁽³⁾⁽⁴⁾
Class A Common Stock	11/19/2021		S		5,161	D	$135.1344⁽⁵⁾	613,286	D⁽²⁾⁽³⁾⁽⁴⁾
Class A Common Stock								40,336	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽⁶⁾
Class A Common Stock								343,650	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽⁷⁾
Class A Common Stock								111,112	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽⁸⁾
Class A Common Stock								19,698,617	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽⁹⁾
Class A Common Stock								2,824,077	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽¹⁰⁾
Class A Common Stock								13,747,586	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽¹¹⁾
Class A Common Stock								30,130,239	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽¹²⁾
Class A Common Stock								16,690,572	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽¹³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $133.90 to $134.89, 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.

2. 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 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 and 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 (collectively, the General Partners).

3. The Managing Directors or Managing Members of the General Partners and the Managers of the Altos Funds are Anthony P. Lee, Han Kim and Hodong Nam who exercise investment and voting control over the shares held by the Altos Funds. Anthony P. Lee, a director of the Issuer, files separate Section 16 reports. Han Kim and Hodong Nam disclaim beneficial ownership of the shares held by the Altos Funds except to the extent of their respective pecuriary interest therein, if any.

4. The General Partners and the Managers disclaim beneficial ownership of the shares reported herein except to the extent of their respective pecuniary interests therein, if any.

5. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $134.95 to $135.38, 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.

6. These shares are held directly by Altos Ventures Management, Inc.

7. These shares are held directly by Altos Hybrid 2, L.P.

8. These shares are held directly by Altos Hybrid 4, 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 Ventures IV Liquidity Fund, L.P.

13. These shares are held directly by Altos Ventures IV, L.P.

Remarks:

	Anthony P Lee	11/23/2021
	** 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).
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