Sec Form 4 Filing - Altos Ventures IV Liquidity Fund, L.P. @ Roblox Corp - 2023-07-17

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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 Liquidity Fund, 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)
07/17/2023
(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 07/17/2023 J( 1 ) 27,804 A $ 0 147,090 I See Footnotes ( 2 ) ( 3 )
Class A Common Stock 07/17/2023 J( 4 ) 789,192 A $ 0 3,157,505 I See Footnotes ( 5 )
Class A Common Stock 72 I See Footnotes ( 6 )
Class A Common Stock 325,233 I See Footnotes ( 7 )
Class A Common Stock 100,000 I See Footnotes ( 8 )
Class A Common Stock 100,000 I See Footnotes ( 9 )
Class A Common Stock 07/17/2023 J( 4 ) 789,191 A $ 0 3,285,501 I See Footnotes ( 10 )
Class A Common Stock 325,235 I See Footnotes ( 11 )
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 Liquidity Fund, L.P.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Altos Ventures Management Inc.
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Nam Hodong
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Kim Han
C/O ROBLOX CORPORATION
970 PARK PLACE
SAN MATEO, CA94403
X
Signatures
/s/ Anthony P. Lee, managing director of Altos IV LR GP, LLC, general partner of Altos Ventures IV Liquidity Fund, L.P. 07/19/2023
Signature of Reporting Person Date
/s/ Anthony P. Lee, authorized signatory, Altos Ventures Management, Inc. 07/19/2023
Signature of Reporting Person Date
/s/ Hong Nam 07/19/2023
Signature of Reporting Person Date
/s/ Han Kim 07/19/2023
Signature of Reporting Person Date
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.
( 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 shares of the Issuer's Class A Common Stock received by the reporting person in distributions from Altos Ventures IV Liquidity Fund, L.P. and Roblox SPV 1, LP.
( 5 )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.
( 6 )These shares are held directly by trusts for minor children of Mr. Nam, for which Mr. Nam serves as co-trustee.
( 7 )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.
( 8 )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.
( 9 )These shares are held directly by the Nam-MacGill 2020 Irrevocable Children's Trust for which Mr. Nam serves as co-trustee.
( 10 )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.
( 11 )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 Persons relating to the same events. The 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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