Sec Form 4 Filing - Baszucki David @ Roblox Corp - 2021-08-30

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
The following is an SEC EDGAR document rendered as filed.
Here is the list of insider trading transaction codes

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person *
Baszucki David
2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
C/O ROBLOX CORPORATION, 970 PARK PLACE
3. Date of Earliest Transaction (MM/DD/YY)
08/30/2021
(Street)
SAN MATEO, CA94403
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 06/09/2021 G V 125,000 D $ 0 1,500,000 I See Footnote ( 1 )
Class A Common Stock 08/30/2021 S( 2 ) 65,542 D $ 80.8195 ( 3 ) 1,434,458 I See Footnote ( 1 )
Class A Common Stock 08/30/2021 S( 2 ) 240,153 D $ 81.6715 ( 4 ) 1,194,305 I See Footnote ( 1 )
Class A Common Stock 08/30/2021 S( 2 ) 63,776 D $ 82.2896 ( 5 ) 1,130,529 I See Footnote ( 1 )
Class A Common Stock 08/30/2021 S( 2 ) 4,929 D $ 83.4947 ( 6 ) 1,125,600 I See Footnote ( 1 )
Class A Common Stock 08/30/2021 S( 2 ) 600 D $ 84.55 ( 7 ) 1,125,000 I See Footnote ( 1 )
Class A Common Stock 08/31/2021 C( 8 ) 750,000 A $ 0 1,875,000 I See Footnote ( 1 )
Class A Common Stock 08/31/2021 C( 8 ) 750,000 A $ 0 750,000 I See Footnote ( 9 )
Class A Common Stock 08/31/2021 C( 8 ) 750,000 A $ 0 750,000 I See Footnote ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Class B Common Stock ( 11 ) 08/31/2021 C( 11 ) 750,000 ( 11 ) ( 11 ) Class A Common Stock 750,000 $ 0 12,773,474 I See Footnote ( 9 )
Class B Common Stock ( 11 ) 08/31/2021 C( 11 ) 750,000 ( 11 ) ( 11 ) Class A Common Stock 750,000 $ 0 12,773,474 I See Footnote ( 10 )
Class B Common Stock ( 11 ) 08/31/2021 C( 11 ) 750,000 ( 11 ) ( 11 ) Class A Common Stock 750,000 $ 0 25,790,534 I See Footnote ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Baszucki David
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X X President & CEO
Signatures
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki 09/01/2021
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
( 2 )The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 22, 2021.
( 3 )The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $80.06 to $81.05, 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.
( 4 )The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $81.06 to $82.05, 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.
( 5 )The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $82.06 to $83.00, 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 )The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $83.06 to $83.95, 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.
( 7 )The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $84.34 to $84.76, 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.
( 8 )Each share of the Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
( 9 )These shares are held by the 2020 David Baszucki Gift Trust dtd 12/31/2018 for which the Bessemer Trust of Delaware, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
( 10 )These shares are held by the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 of which the Bessemer Trust Company of Delaware, N.A. serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
( 11 )Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the election of the Reporting Person and has no expiration 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.