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 Management Inc.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2022

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	08/29/2022		J⁽¹⁾		35,481	D	$0.00	24,507	D⁽²⁾
Class A Common Stock								311,014	I	See Footnotes⁽³⁾
Class A Common Stock								18,615,712	I	See Footnotes⁽⁴⁾
Class A Common Stock								2,603,897	I	See Footnotes⁽⁵⁾
Class A Common Stock								12,964,964	I	See Footnotes⁽⁶⁾
Class A Common Stock								27,957,821	I	See Footnotes⁽⁷⁾
Class A Common Stock								581,719	I	See Footnotes⁽⁸⁾
Class A Common Stock								15,501,459	I	See Footnotes⁽⁹⁾
Class A Common Stock								111,112	I	See Footnotes⁽¹⁰⁾

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. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by the Fund to one of its members.

2. These shares are held directly by Altos Ventures Management Inc. (AVMI). The members of the Board of Directors of AVMI are Anthony P. Lee, Hodong Nam and Han Kim, who exercise voting and investment control over the shares. Each member of the Board of Directors of AVMI disclaim beneficial ownership of the shares except to the extent of their pecuniary interest therein.

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

4. These shares are held directly by Altos Roblox SPV 1, LLC.

5. These shares are held directly by Altos Roblox SPV 2, LLC.

6. These shares are held directly by Altos Roblox SPV 2020, LLC.

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 Ventures IV, L.P.

10. These shares are held directly by Altos Hybrid 4, L.P.

Remarks:

	/s/ Anthony P. Lee, Vice President of Altos Ventures Management, Inc.	02/14/2023
	** 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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