Form 4 for RBLX Roblox Corp
Accepted 2023-04-14 00:00:00 ET · period of report 2023-04-13 · accession 0001315098-23-000059 · 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 | 2023-04-14 | 2023-04-13 | RBLX | Guthrie Michael | CFO | A - Grant | $0.00 | +160.3K | 348.0K | +85% | $0 |
| D | 2023-04-14 | 2023-04-13 | RBLX | Guthrie Michael | CFO | A - Grant | $0.00 | +128.3K | 128.3K | New | $0 |
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 | 2023-04-13 | A | A | 160,324 | $0.00 | 347,956 | D | — | — | (F1) These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 1/12th of the RSUs shall vest on May 20, 2023 and 1/12th of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date. |
| 2 | Derivative | Performance Stock Unit | 2023-04-13 | A | A | 128,258 | $0.00 | 128,258 | D | — · — to — | 128,258 Class A Common Stock | (F3) Represents that maximum number of shares of Class A Common Stock which may be issued under this award. (F2) Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) The vesting of the performance stock units ("PSUs") is subject to satisfying both a performance-based requirement and a service-based requirement. The performance-based requirement is satisfied based on the achievement of certain cumulative Bookings and EBITDA targets by the Issuer between January 1, 2023 and December 31, 2024. Subject to continued service by the Reporting Person on each vesting date, 50% of the PSUs eligible to vest based on performance will vest following certification of performance results by our Leadership Development and Compensation Committee within 60 days following December 31, 2024 and the remaining 50% of the PSUs eligible to vest based on performance will vest on the third anniversary of the grant date. |