Altos Hybrid 2 Form 4 Roblox / Hodong Nam 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

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

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^*

Altos Ventures IV, L.P.

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2021

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

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

	Form filed by One Reporting Person
X	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	08/27/2021		J(1)		114,136	D	$0.00	361,446	I	See Footnotes(2)(3)(4)(5)
Class A Common Stock	08/27/2021		J(6)		1,096,643	D	$0.00	20,626,812	I	See Footnotes(3)(4)(5)(7)
Class A Common Stock	08/27/2021		J(8)		151,849	D	$0.00	2,885,182	I	See Footnotes(3)(4)(5)(9)
Class A Common Stock	08/27/2021		J(10)		758,069	D	$0.00	14,353,236	I	See Footnotes(3)(4)(5)(11)
Class A Common Stock	08/27/2021		J(12)		904,003	D	$0.00	17,176,113	I	See Footnotes(3)(4)(5)(13)
Class A Common Stock	08/27/2021		J(14)		1,626,272	D	$0.00	30,824,871	I	See Footnotes(3)(4)(5)(15)
Class A Common Stock	08/27/2021		J(16)		35,061	D	$0.00	666,244	I	See Footnotes(3)(4)(5)(17)
Class A Common Stock	08/27/2021		J(18)		272,237	A	$0.00	1,286,457	I	See Footnotes(19)
Class A Common Stock	08/27/2021		J(18)		272,237	A	$0.00	1,286,459	I	See Fortnotes(20)
Class A Common Stock								111,112	I	See Footnotes(3)(4)(5)(21)
Class A Common Stock								67,551	I	See Footnotes(22)
Class A Common Stock								67,551	I	See Footnotes(23)

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

1. Name and Address of Reporting Person^*

Altos Ventures IV, L.P.

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Management Partners IV, LLC

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Ventures IV Liquidity Fund, L.P.

(Last) (First) (Middle)

2882 SAND HILL ROAD

SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Ventures IV Reserve Fund, L.P.

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 2 GP, LLC

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 2, L.P.

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 1, LLC

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 2, LLC

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 2020, LLC

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Nam Hodong

(Last) (First) (Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Explanation of Responses:

1. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Hybrid 2, LP.

2. These shares are held directly by Altos Hybrid 2, LP.

3. The Managing Directors or Managing Members of the General Partners and the Managers of the Altos Funds are Anthony P. Lee, Han Kim and Hodong Nam who exercise investment and voting control over the shares held by the Altos Funds. Anthony P. Lee, a director of the Issuer, files separate Section 16 reports. Han Kim and Hodong Nam disclaim beneficial ownership of the shares held by the Altos Funds except to the extent of their respective pecuriary interest therein, if any.

4. The General Partners and the Managers disclaim beneficial ownership of the shares reported herein except to the extent of their respective pecuniary interests therein, if any.

5. The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2GP, LLC; the general partner of Altos Hybrid 4, L.P. is Altos Hybrid 4 GP, LLC; and the general partner of Altos Ventures IV Liquidity Fund, L.P., Altos Ventures IV Reserve Fund, L.P. and Altos Ventures IV, L.P. is Altos Management Partners IV, LLC (collectively, the General Partners). The manager of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners IV, LLC; the manager of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, LLC; the manager of Altos Hybrid 4 GS, LLC and Altos Hybrid HG, LLC is Altos Hybrid 4 GP, LLC; the manager of Altos Hybrid 2 V, LLC and Altos Hybrid 2 P-FIO, LLC is Altos Hybrid 2 GP, LLC; the manager of Altos Hybrid 3 B, LLC, Altos Hybrid 3M, LLC, and Altos Hybrid 3W, LLC is Altos Hybrid 3 GP, LLC; the manager of Altos Hybrid UP, LLC and Altos Hybrid CC, LLC is Altos Hybrid 4 GP, LLC (collectively, the Managers).

6. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Roblox SPV 1, LLC.

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

8. Represents a pro-rata in-kind distribution of the Issuer's Class A Common Stock by Altos Roblox SPV 2, LLC to its members.

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

10. Represents a pro-rata in kind distribution by Altos Roblox SPV 2020, LLC to it is members.

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

12. Represents a pro-rata in-kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV, L.P.

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

14. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV Liquidity Fund, L.P.

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

16. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by Altos Ventures IV Reserve Fund, L.P.

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

18. Represents shares received in a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock from Altos Hybrid 2, L.P., Altos Roblox SPV 1, LLC, Altos Roblox SPV 2, LLC, Altos Roblox SPV 2020, LLC, Altos Ventures IV, L.P., Altos Ventures IV Liquidity Fund, L.P. and Altos Ventures IV Reserve Fund, L.P.

19. These shares are held directly by The Kim Trust for which Han Kim serves as trustee. Mr. Kim disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

20. These shares are held directly 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.

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

22. These shares are held directly by the Han Family Investments, LLC - Sub Fund No. 1 for which Han Kim serves as Managing Member. Mr. Kim disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

23. These shares are held directly by the Nam-MacGill Investments, LLC - Sub Fund No. 1 for which Hodong Nam serves as Managing Member. Mr. Nam disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

Form 4 1 of 2

	/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC, the general partner of Altos Ventures IV, L.P.	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC, the general partner of Altos Ventures IV Liquidity Fund L.P.	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Management Partners IV, LLC, the general partner of Altos Ventures IV Reserve Fund, L.P.	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Hybrid 2 GP, LLC	08/31/2021
	/s/ Anthony P Lee, Managing Director of Altos Hybrid 2 GP, LLC, the general partner of Altos Hybrid 2, LP	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Roblox 2020 Management Partners, LLC, the manager of Altos Roblox SPV 1, LLC	08/31/2021
	/s/ Anthony P. Lee, Managing Director of Altos Roblox 2020 Management Partners, LLC, the manager of Altos Roblox SPV 2, LLC	08/31/2021
	/s/ Anthony P .Lee, Managing Director of Altos Roblox 2020 Management Partners LLC, the manager of Altos Roblox SPV 2020, LLC	08/31/2021
	/s/ Hodong Nam	08/31/2021
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.