Altos Hybrid 4 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

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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^*

Altos Hybrid 2, 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)
11/24/2021

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	11/24/2021		S		16,000	D	$125.0734(1)	327,650	D(2)(3)(4)
Class A Common Stock	11/25/2021		J(5)		270	D	$0.00	327,380	I	See Footnotes(2)(3)(4)
Class A Common Stock	11/25/2021		J(5)		103,132	D	$0.00	19,595,485	I	See Footnotes(3)(4)(6)
Class A Common Stock	11/25/2021		J(5)		83,139	D	$0.00	2,740,938	I	See Footnotes(3)(4)(7)
Class A Common Stock	11/25/2021		J(5)		100,260	D	$0.00	13,647,326	I	See Footnotes(3)(4)(8)
Class A Common Stock	11/25/2021		J(5)		700,953	D	$0.00	29,429,286	I	See Footnotes(3)(4)(9)
Class A Common Stock	11/25/2021		J(5)		336	D	$0.00	612,950	I	See Footnotes(3)(4)(10)
Class A Common Stock	11/25/2021		J(5)		373,253	D	$0.00	16,317,319	I	See Footnotes(3)(4)(11)
Class A Common Stock	11/25/2021		J(12)		21,832	A	$0.00	62,168	I	See Footnotes(3)(4)(13)
Class A Common Stock								111,112	I	See Footnotes(3)(4)(14)
Class A Common Stock	11/25/2021		J(15)		178,779	A	$0.00	1,227,473	I	See Footnotes(16)
Class A Common Stock	11/25/2021		J(15)		260,425	A	$0.00	408,061	I	See Footnotes(17)
Class A Common Stock								36	I	See Footnotes(18)
Class A Common Stock								36	I	See Footnotes(18)
Class A Common Stock	11/25/2021		J(15)		178,779	A	$0.00	1,214,971	I	See Footnotes(19)
Class A Common Stock	11/25/2021		J(15)		260,425	A	$0.00	408,061	I	See Footnotes(20)

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 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 Hybrid 4, 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 4 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^*

Kim Han

(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. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $125.06 to $125.20, 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.

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

3. 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; the general partner of Altos Ventures IV, L.P. is Altos Management Partners IV, LLC and 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 (collectively, the General Partners).

4. 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.

5. Represents a pro-rata in kind distribution of the Issuer's Class A Common Stock by the Fund to its general partner.

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

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

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

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

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

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

12. Represents shares received in a pro-rata in kind distribution of shares of the Issuer's Class A Common Stock from Altos Roblox SPV 1, LLC and Altos Roblox SPV 2020, LLC.

13. These shares are held directly by Altos Ventures Management, Inc.

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

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

16. 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.

17. 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.

18. These shares are held directly by a trust for a minor child of Mr. Nam, for which Mr. Nam serves as a co-trustee.

19. These shares are held directly by The Kim Living 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 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.

Remarks:

	Anthony P. Lee, managing director of Altos Management Partners IV LLC, general partner of Altos Ventures IV, L.P.	11/29/2021
	Anthony P. Lee, managing director of Altos Hybrid 4 GP, LLC, managing member of Altos Hybrid 4, L.P.	11/29/2021
	Anthony P. Lee, managing member of Altos Hybrid 4 GP, LLC	11/29/2021
	Han Kim	11/29/2021
	Hodong Nam	11/29/2021
	** Signature of Reporting Person	Date
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