4//SEC Filing
Donato Craig 4
Accession 0001315098-23-000058
CIK 0001315098other
Filed
Apr 13, 8:00 PM ET
Accepted
Apr 14, 7:47 PM ET
Size
10.0 KB
Accession
0001315098-23-000058
Insider Transaction Report
Form 4
Roblox CorpRBLX
Donato Craig
Chief Business Officer
Transactions
- Award
Performance Stock Unit
2023-04-13+93,962→ 93,962 total→ Class A Common Stock (93,962 underlying) - Award
Class A Common Stock
2023-04-13+117,453→ 1,250,097 total
Holdings
- 40,000(indirect: See Footnote)
Class A Common Stock
- 40,000(indirect: See Footnotes)
Class A Common Stock
Footnotes (6)
- [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.
- [F2]These shares are held directly by the Donato Family Foundation. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Foundation.
- [F3]These shares are held directly by the Donato Generation Skipping Trust dtd 09/04/2020 for which the reporting person and his spouse serve as trustees. The reporting person may be deemed to have beneficial ownership of the securities held by the Trust.
- [F4]Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F5]Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
- [F6]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.
Documents
Issuer
Roblox Corp
CIK 0001315098
Entity typeother
Related Parties
1- filerCIK 0001834992
Filing Metadata
- Form type
- 4
- Filed
- Apr 13, 8:00 PM ET
- Accepted
- Apr 14, 7:47 PM ET
- Size
- 10.0 KB