Form 4 for RBLX Roblox Corp
Accepted 2022-11-28 00:00:00 ET · period of report 2022-08-31 · accession 0001315098-22-000178 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-28 | 2022-11-23 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | M - OptEx | $0.08 | +550.0K | 550.0K | +55,000,000% | +$44.0K |
| DMI | 2022-11-28 | 2022-11-23 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | S - Sale+OE | $31.85 | -100.0K | 0 | -100% | -$3.19M |
| DMI | 2022-11-28 | 2022-11-23 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | G - Gift | $0.00 | 0 | 1.11M | New | $0 |
| DM | 2022-11-28 | 2022-11-23 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | S - Sale+OE | $31.85 | -550.0K | 424 | -100% | -$17.52M |
| DMI | 2022-11-28 | 2022-08-31 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | G - Gift | $0.00 | 0 | 12.78M | New | $0 |
| D | 2022-11-28 | 2022-11-23 | RBLX | Baszucki David | Pres, CEO, Dir, 10% | M - OptEx | $0.08 | -550.0K | 4.18M | -12% | -$44.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-11-23 | M | A | 550,000 | $0.08 | 550,001 | D See Footnote | — | — | (F5) 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 | Common | Class A Common Stock | 2022-11-23 | S | D | 99,923 | $31.85 | 77 | I | — | — | (F2) The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $31.18 to $32.17, 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. |
| 3 | Common | Class A Common Stock | 2022-11-23 | G | A | 100,000 | $0.00 | 100,000 | I | — | — | |
| 4 | Common | Class A Common Stock | 2022-11-23 | G | D | 100,000 | $0.00 | 1,112,500 | I See Footnote | — | — | (F4) Due to an administrative error, the Reporting Person's Form 4 dated August 24, 2022 incorrectly reported that the transfer of 8,000 shares by the Reporting Person's Trust to each of the 2020 David Baszucki Gift Trust dtd 12/31/2018 and the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 was of Class A shares. These transfers were of Class B shares. The balances reflected herein have been updated to correct this error. (F6) These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation. |
| 5 | Common | Class A Common Stock | 2022-11-23 | S | D | 423 | $32.18 | 1 | D See Footnote | — | — | (F6) These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation. |
| 6 | Common | Class A Common Stock | 2022-11-23 | S | D | 549,577 | $31.85 | 424 | D See Footnote | — | — | (F2) The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $31.18 to $32.17, 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. (F6) These shares are held by The Baszucki Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation. |
| 7 | Common | Class A Common Stock | 2022-11-23 | S | D | 77 | $32.18 | 0 | I | — | — | |
| 8 | Derivative | Class B Common Stock | 2022-08-31 | G | A | 8,000 | $0.00 | 12,781,474 | I | — · — to — | 8,000 Class A Common Stock | (F10) 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. |
| 9 | Derivative | Class B Common Stock | 2022-08-31 | G | D | 16,000 | $0.00 | 25,774,354 | I See Footnote | — · — to — | 16,000 Class A Common Stock | (F12) Includes 180 shares of Class B Common Stock that had not previously been reflected in the Reporting Person's beneficially owned securities due to an administrative error. (F8) 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. (F10) 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. |
| 10 | Derivative | Stock Option (Right to Buy) | 2022-11-23 | M | D | 550,000 | $0.08 | 4,184,730 | D See Footnote | $0.08 · — to 2026-03-21 | 550,000 Class A Common Stock | (F5) 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. (F9) All of the shares subject to the option are fully vested and exercisable as of the date hereof. |
| 11 | Derivative | Class B Common Stock | 2022-08-31 | G | A | 8,000 | $0.00 | 12,781,474 | I See Footnote | — · — to — | 8,000 Class A Common Stock | (F7) 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. (F10) 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. |