Roblox (RBLX) Form 4 Roblox / Anthony P Lee ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Lee Anthony P

(Last) (First) (Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Roblox Corp [ RBLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/06/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	12/06/2023		J(1)		422,538	A	$0.00	4,050,679	I	See Footnotes(2)
Class A Common Stock	12/06/2023		J(3)		49,149	A	$0.00	428,993	I	See Footnotes(4)
Class A Common Stock								50,000	I	See Footnotes(5)
Class A Common Stock								50,000	I	See Footnotes(6)
Class A Common Stock								135,698	I	See Footnotes(7)(8)
Class A Common Stock								192,722	I	See Footnotes(9)(10)(11)
Class A Common Stock								111,112	I	See Footnotes(10)(11)(12)
Class A Common Stock								11,535,227	I	See Footnotes(10)(11)(13)
Class A Common Stock								1,613,506	I	See Footnotes(10)(11)(14)
Class A Common Stock								8,033,742	I	See Footnotes(10)(11)(15)
Class A Common Stock								17,324,065	I	See Footnotes(10)(11)(16)
Class A Common Stock								375,764	I	See Footnotes(10)(11)(17)
Class A Common Stock								9,605,481	I	See Footnotes(10)(11)(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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Represents shares of the Issuer's Class A Common Stock received by the reporting person in distributions from Altos Ventures IV, L.P., Altos Ventures IV Liquidity Fund, LP, Altos Ventures IV Reserve Fund, LP, Altos Roblox SPV 1, LLC, Altos Roblox SPV 2, LLC, Altos Hybrid 2, L.P.

2. These shares are held directly by Fallen Leaf Revocable Trust for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of the shares except to the extent if his pecuniary interest therein.

3. 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 partners.

4. These shares are held directly by Fallen Leaf LLC - Sub Fund No. 1 for which the Reporting Person serves as managing member. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

5. These shares are held directly by a trust for the daughter of the Reporting Person, for which the Reporting Person serves as co-trustee.

6. These shares are held directly by a trust for the son of the Reporting Person, for which the Reporting Person serves as co-trustee.

7. These shares are held directly by Altos Ventures Management Inc.

8. 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.

9. These shares are held directly by Altos Hybrid 2, L.P.

10. The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2 GP, 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, LLC; and the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, LLC (collectively, the General Partners).

11. The Reporting Person is one of managing members of the general partners and managers of the respective entities that hold shares reported herein (the Altos Funds). The Reporting Person disclaims beneficial ownership of the shares held by the Altos Funds except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of any of the shares held by the Altos Funds for Section 16 or any other purpose.

12. These shares are held directly by Altos Hybrid 4, L.P.

13. These shares are held directly by Altos Roblox SPV 1, LLC.

14. These shares are held directly by Altos Roblox SPV 2, LLC.

15. These shares are held directly by Altos Roblox SPV 2020, LLC.

16. These shares are held directly by Altos Ventures IV Liquidity Fund, L.P.

17. These shares are held directly by Altos Ventures IV Reserve Fund, L.P.

18. These shares are held directly by Altos Ventures IV, L.P.

Remarks:

	/s/ Anthony P. Lee	12/08/2023
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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