Filing Details

Accession Number:
0001315098-25-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-12 21:37:31
Reporting Period:
2025-02-10
Filing Date:
2025-02-12
Accepted Time:
2025-02-12 21:37:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1315098 Roblox Corp RBLX () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1835037 Mark Reinstra C/O Roblox Corporation
3150 S. Delaware St.
San Mateo CA 94403
Chief Legal Off. & Corp. Sec. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2025-02-10 77,570 $0.00 358,731 No 4 M Direct
Class A Common Stock Disposition 2025-02-11 19,525 $65.94 339,206 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Performance Stock Unit Disposition 2025-02-10 77,570 $0.00 77,570 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 115,472 Indirect See footnote
Class A Common Stock 35,359 Indirect See footnote
Class A Common Stock 18,482 Indirect See Footnote
Class A Common Stock 35,359 Indirect See footnote
Class A Common Stock 18,482 Indirect See Footnotes
Footnotes
  1. Upon certification of the achievement of certain performance criteria as approved by the Issuer's Leadership Development and Compensation Committee and the reporting person's continued service, 38,785 performance stock units ("PSUs") vested on February 10, 2025 and an additional 38,785 PSUs vest on April 13, 2026, subject to continued service.
  2. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  3. 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.
  4. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of performance stock units ("PSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
  5. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $65.49 to $66.31, 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 the San Domenico Trust dated August 12, 1999 for which the reporting person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
  7. These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  8. These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  9. These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  10. These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
  11. Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  12. The vesting of the PSUs was subject to the satisfaction of both a performance-based requirement and a service-based requirement. A portion of the performance-based requirement was satisfied based on the achievement of certain cumulative bookings and EBITDA targets by the Issuer during the performance period. The Issuer's Leadership Development and Compensation Committee certified the award of 77,570 PSUs and the remaining 11,224 PSUs were forfeited.