Sec Form 4 Filing - Altos Ventures IV, L.P. @ Roblox Corp - 2023-02-17

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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)
02/17/2023
(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 02/17/2023 J( 1 ) 876,417 D $ 0 14,625,042 I See Footnotes ( 2 ) ( 3 ) ( 4 )
Class A Common Stock 02/17/2023 J( 5 ) 2,236,626 D $ 0 25,721,195 I See Footnotes ( 3 ) ( 4 ) ( 6 )
Class A Common Stock 02/17/2023 J( 7 ) 1,675,414 D $ 0 16,940,298 I See Footnotes ( 3 ) ( 4 ) ( 8 )
Class A Common Stock 02/17/2023 J( 9 ) 110,320 D $ 0 2,493,577 I See Footnotes ( 3 ) ( 4 ) ( 10 )
Class A Common Stock 02/17/2023 J( 11 ) 31,995 D $ 0 549,724 I See Footnotes ( 3 ) ( 4 ) ( 12 )
Class A Common Stock 02/17/2023 J( 13 ) 30,635 D $ 0 280,379 I See Footnotes ( 3 ) ( 4 ) ( 14 )
Class A Common Stock 02/17/2023 J( 15 ) 1,022,319 D $ 0 11,942,645 I See Footnoes ( 3 ) ( 4 ) ( 16 )
Class A Common Stock 24,507 I See Footnotes ( 3 ) ( 4 ) ( 17 )
Class A Common Stock 111,112 I See Footnotes ( 3 ) ( 4 ) ( 18 )
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 Ventures IV Liquidity Fund, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Ventures IV Reserve Fund, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Hybrid 2, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Hybrid 4, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Roblox SPV 1, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Roblox SPV 2, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Roblox SPV 2020, LLC
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Signatures
/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC, its general partner 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director, Altos Management Partners IV, LLC its general partner 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director Altos Management Partners IV, LLC, its general partner 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director, Altos Hybrid 2, GP, LLC, its general partner 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Director of Altos Hybrid 4 GP, LLC, its general partner 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Member, Altos Roblox Management Partners, LLC, its Manager 02/21/2023
Signature of Reporting Perso n Date
/s/ Anthony P. Lee, Managing Member, Altos Roblox Management Partners, LLC, its Manager 02/21/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, Managing Member, Altos Roblox 2020 Management Partners, LLC, its Manager 02/21/2023
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, LP to its limited partners.
( 2 )These shares are held directly by Altos Ventures IV, L.P.
( 3 )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 4 GP, 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).
( 4 )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.
( 5 )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 limited partners.
( 6 )These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.
( 7 )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 limited partners.
( 8 )These shares are held directly by Altos Roblox SPV 1, LLC.
( 9 )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 limited partners.
( 10 )These shares are held directly by Altos Roblox SPV 2, LLC.
( 11 )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 limited partners.
( 12 )These shares are held directly by Altos Ventures IV Reserve Fund, L.P.
( 13 )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.
( 14 )These shares are held directly by Altos Hybrid 2, L.P.
( 15 )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 limited partners.
( 16 )These shares are held directly by Altos Roblox SPV 2020, LLC.
( 17 )These shares are held directly by Altos Ventures Management Inc.
( 18 )These shares are held directly by Altos Hybrid 4, L.P.

Remarks:
This Form 4 is the first of two Forms 4 filed by the Reporting Persons relating to the same events. The Form 4 has been split into two filings in order to include all Reporting Persons.

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