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).
  
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*
Altos Ventures IV, L.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)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 12/06/2023 J(1) 47,949 A $0.00 135,698 I See Footnotes(2)(3)
Class A Common Stock 12/06/2023 J(4) 49,150 A $0.00 428,993 I See Footnotes(5)
Class A Common Stock 12/06/2023 J(6) 422,537 A $0.00 3,982,653 I See Footnotes(7)
Class A Common Stock 72 I See Footnotes(8)
Class A Common Stock 100,000 I See Footnotes(9)
Class A Common Stock 200,000 I See Footnotes(10)
Class A Common Stock 12/06/2023 J(6) 422,538 A $0.00 3,707,400 I See Footnotes(11)
Class A Common Stock 12/06/2023 J(4) 49,150 A $0.00 428,996 I See Footnotes(12)
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
1. Name and Address of Reporting Person*
Altos Ventures IV, L.P.

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

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Altos Ventures Management, Inc.

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

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Nam Hodong

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

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Kim Han

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

(Street)
SAN MATEO CA 94403

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Represents shares of the Issuer's Class A Common Stock received by the reporting person in distributions from Altos Roblox SPV 1, LLC and Altos Roblox SPV 2020, LLC.
2. These shares are held directly by Altos Ventures Management Inc.
3. The members of the Board of Directors of Altos Ventures Management, Inc. (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.
4. Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 2, LLC to its partners.
5. These shares are directly by Nam-MacGill Investments, LLC - Sub Fund No. 1 for which Mr. Nam serves as Managing Member. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
6. Represents shares of the Issuer's Class A Common Stock received by the reporting person in distributions from Altos Ventures IV, L.P., Altos Ventures IV Liquidity Fund, LP, Altos Ventures IV Reserve Fund, LP, Altos Roblox SPV 1, LLC, Altos Roblox SPV 2, LLC, Altos Hybrid 2, L.P.
7. These shares are held by the Nam-MacGill 2006 Family Trust for which Hodong Nam serves as trustee. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
8. These shares are held directly by trusts for the minor children of Mr. Nam, for which Mr. Nam serves as co-trustee.
9. These shares are held by the Shipshead Trust for which Hodong Nam serves as trustee. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
10. These shares are held directly by the Nam-MacGill 2020 Irrevocable Children's Trust for which Mr. Nam serves as co-trustee.
11. These shares are held directly by The Kim Living Trust for which Mr. Kim serves as trustee. Mr. Kim disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
12. These shares are held directly by Han Family Investments, LLC - Sub Fund No. 1 which Mr. Kim serves as Managing Member. Mr. Kim disclaims beneficial ownership of the shares except to the extent of pecuniary interest therein.
Remarks:
This Form 4 is the second of two Forms 4 filed by the Reporting Person relating to the same events. The Form 4 has been split into two filings in order to include all Reporting Persons.
/s/ Anthony P. Lee, managing director of Altos Management Partners IV, LLC, managing partner of Altos Ventures IV, L.P. 12/08/2023
/s/ Anthony P. Lee, authorized signatory for Altos Ventures Management, Inc. 12/08/2023
/s/ Hodong Nam 12/08/2023
/s/ Han Kim 12/08/2023
** 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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