Sec Form 4 Filing - Altos Ventures IV, L.P. @ Roblox Corp - 2022-08-22

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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
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1. Name and Address of Reporting Person
Altos Ventures IV, L.P.
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)
(Last) (First) (Middle)
C/O ROBLOX CORPORATION, 970 PARK PLACE
3. Date of Earliest Transaction (MM/DD/YY)
08/22/2022
(Street)
SAN MATEO, CA94403
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 08/22/2022 J( 1 ) 354,590 D $ 0 15,501,459 I See Footnotes( 2 )( 3 )( 4 )
Class A Common Stock 08/22/2022 J( 5 ) 891 D $ 0 581,719 I See Footnotes( 2 )( 6 )( 7 )
Class A Common Stock 08/22/2022 J( 8 ) 294,291 D $ 0 27,957,821 I See Footnotes( 2 )( 3 )( 9 )
Class A Common Stock 08/22/2022 J( 10 ) 142,731 D $ 0 12,964,964 I See Footnotes( 2 )( 3 )( 11 )
Class A Common Stock 08/22/2022 J( 12 ) 78,981 D $ 0 2,603,897 I See Footnotes( 2 )( 3 )( 13 )
Class A Common Stock 08/22/2022 J( 14 ) 97,975 D $ 0 18,615,712 I See Footnotes( 2 )( 3 )( 13 )
Class A Common Stock 08/22/2022 J( 15 ) 243 D $ 0 311,014 I See Footnotes( 2 )( 3 )( 16 )
Class A Common Stock 08/22/2022 J( 17 ) 26,658 A $ 0 59,988 I See Footnotes( 7 )( 18 )
Class A Common Stock 111,112 I See Footnotes( 2 )( 3 )( 19 )
Class A Common Stock 08/22/2022 J( 17 ) 268,229 A $ 0 1,784,464( 20 ) I See Footnotes( 21 )
Class A Common Stock 08/22/2022 J( 17 ) 37,685 A $ 0 156,484 I See Footnotes( 22 )
Class A Common Stock 72 I See Footnotes( 23 )
Class A Common Stock 08/22/2022 J( 17 ) 268,229 A $ 0 1,622,462 I See Foonotes( 24 )
Class A Common Stock 08/22/2022 J( 17 ) 37,685 A $ 0 156,484 I See Footnotes( 25 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Altos Ventures IV, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Hybrid 2 GP, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Hybrid 4 GP, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Management Partners IV LR GP, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Management Partners IV, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Roblox 2020 Management Partners, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Roblox Management Partners, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Nam Hodong
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94 403
X
Kim Han
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Signatures
/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC, the general partner of Altos Ventures IV, LP 08/24/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Hybrid 2PG, LLC 08/24/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Hybrid 4GP, LLC 08/24/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV LR GP, LLC 08/22/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC 08/24/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Roblox 2020 Management Partners, LLC 08/24/2022
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Roblox Management Partners LLC 08/24/2022
Signature of Reporting Person Date
/s/ Hodong Nam 08/24/2022
Signature of Reporting Person Date
/s/ Han Kim 08/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV, L.P. to its partners.
( 2 )The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2GP, LLC; the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4GP, LLC; the general partner of Altos Ventures IV, L.P. is Altos Management Partners IV, LLC; 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; the general partner of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners IV, LLC; and the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, 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 pecuniary interest therein, if any.
( 4 )These shares are held directly by Altos Ventures IV, L.P.
( 5 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV Reserve Fund, L.P. to its partners.
( 6 )These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
( 7 )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.
( 8 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Ventures IV Liquidity Fund, L.P. to its partners.
( 9 )These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.
( 10 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 2020, LLC to its partners.
( 11 )These shares are held directly by Altos Roblox SPV 2020, LLC.
( 12 )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.
( 13 )These shares are held directly by Altos Roblox SPV 2, LLC.
( 14 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Roblox SPV 1, LLC to its partners.
( 15 )Represents a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock by Altos Hybrid 2, L.P. to its partners.
( 16 )These shares are held directly by Altos Hybrid 2, L.P.
( 17 )Represents shares of the Issuer's Class A Common Stock acquired in a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock from Altos Roblox 2020 Management Partners, LLC and Altos Roblox Management Partners, LLC.
( 18 )These shares are held directly by Altos Ventures Management Inc.
( 19 )These shares are held directly by Altos Hybrid 4, L.P.
( 20 )Includes 289,262 shares transferred from the Nam-MacGill-Sub Fund No. 1 since the Reporting Person's last Form 4.
( 21 )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.
( 22 )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.
( 23 )These shares are held directly by trusts for the minor children of Mr. Nam, for which Mr. Nam serves as co-trustee.
( 24 )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.
( 25 )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 being filed by the Reporting Persons relating to the same event. This Form 4 has been split into two filings in order to include all Reporting Persons.

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).
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