Altos Hybrid 3 B Form 4 Change in insider ownership

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 Liquidity Fund, L.P.

(Last)

(First)

(Middle)

2882 SAND HILL ROAD

SUITE 100

(Street)

MENLO PARK

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)
03/02/2021

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/02/2021		J⁽¹⁾		2,728,122	D	$0.00	24,553,106	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾
Class A Common Stock	03/02/2021		J⁽⁶⁾		379,623	D	$0.00	3,416,653	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁷⁾
Class A Common Stock	03/02/2021		J⁽⁸⁾		1,891,814	D	$0.00	17,026,377	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁹⁾
Class A Common Stock	03/02/2021		J⁽¹⁰⁾		4,056,391	D	$0.00	36,507,533	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹¹⁾
Class A Common Stock	03/02/2021		J⁽¹²⁾		62,661	D	$0.00	786,183	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹³⁾
Class A Common Stock	03/02/2021		J⁽¹⁴⁾		2,260,014	D	$0.00	20,340,126	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁵⁾
Class A Common Stock	03/02/2021		J⁽¹⁶⁾		21,708	A	$0.00	21,708	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁷⁾
Class A Common Stock	03/02/2021		J⁽¹⁸⁾		21,708	D	$0.00	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁷⁾
Class A Common Stock	03/02/2021		J⁽¹⁹⁾		982,872	A	$0.00	982,872	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽²⁰⁾
Class A Common Stock	03/02/2021		J⁽²¹⁾		982,872	D	$0.00	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽²⁰⁾
Class A Common Stock	03/02/2021		J⁽²²⁾		389,022	A	$0.00	389,022	I	See Footnotes⁽²³⁾
Class A Common Stock	03/02/2021		J⁽²²⁾		389,023	A	$0.00	389,023	I	See Footnotes⁽²⁴⁾
Class A Common Stock	03/02/2021		J⁽²⁵⁾		7,236	A	$0.00	7,236	I	See Footnotes⁽²⁶⁾
Class A Common Stock	03/02/2021		J⁽²⁵⁾		7,236	A	$0.00	7,236	I	See Footnotes⁽²⁷⁾
Class A Common Stock								222,222	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽²⁸⁾
Class A Common Stock								111,111	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽²⁹⁾
Class A Common Stock								475,582	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁰⁾
Class A Common Stock								222,222	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³¹⁾
Class A Common Stock								22,222	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³²⁾
Class A Common Stock								111,111	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³³⁾
Class A Common Stock								466,666	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁴⁾
Class A Common Stock								111,112	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁵⁾
Class A Common Stock								55,555	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁶⁾
Class A Common Stock								344,444	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁷⁾
Class A Common Stock								111,111	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽³⁸⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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

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

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

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

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

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Ventures IV, L.P.

(Last)

(First)

(Middle)

2882 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 2 P-FIO, LLC

(Last)

(First)

(Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 2 V, LLC

(Last)

(First)

(Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 3 B, LLC

(Last)

(First)

(Middle)

2882 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

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 Roblox SPV 1, LLC to its members.

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

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; 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).

4. (Continued from footnote 3). 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 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.

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

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

8. Represents a pro-rata in kind distribution of the issuer's Class A Common Stock by Altos Roblox SPV 2020, LLC to its members.

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

10. Represents a pro-rata in kind distribution of the issuer's Class A Common Stock by Altos Ventures IV Liquidity Fund, L.P. to its partners.

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

12. Represents a pro-rata in kind distribution of the issuer's Class A Common Stock by Altos Ventures IV Reserve Fund, L.P. to its partners.

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

14. Represents a pro-rata in kind distribution of the issuer's Class A Common Stock by Altos Ventures IV, L.P. to its partners.

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

16. Represents shares received in a pro-rata in kind distribution of shares of the issuer's Class A Common Stock for Altos Roblox SPV 2020, LLC.

17. These shares are held directly by Altos Roblox 2020 Management Partners, LLC

18. Represents a pro-rata in kind distribution of the issuer's Class A Common Stock from Altos Roblox 2020 Management Partners, LLC to its members.

19. 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. and Altos Ventures IV Reserve Fund, L.P.

20. These shares are held directly by Altos Management Partners IV, LLC

21. Represents a pro-rata in kind distribution of shares of the issuer's Class A Common Stock by Altos Management Partners IV, LLC to its members.

22. 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., Roblox SPV 2, LLC, and Altos Ventures IV Reserve Fund, L.P.

23. 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.

24. 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.

25. Represents shares received in a pro-rata in kind distribution of shares of the Class A Common Stock of the issuer from Altos Roblox SPV 2020, LLC.

26. 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 the such shares except to the extent of his pecuniary interest therein.

27. 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.

28. These shares are held directly by Altos Hybrid 2 P-FIO LLC

29. These shares are held directly by Altos Hybrid 2 V LLC.

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

31. These shares are held directly by Altos Hybrid 3 B, LLC

32. These shares are held directly by Altos Hybrid 3M, LLC

33. These shares are held directly by Altos Hybrid 3 W, LLC

34. These shares are held directly by Altos Hybrid 4 GS, LLC

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

36. These shares are held directly by Altos Hybrid CC, LLC

37. These shares are held directly by Altos Hybrid HG, LLC.

38. These shares are held directly by Altos Hybrid UP, LLC

Remarks:

	/s/Anthony P Lee, Managing Director of Altos Management Partners IV, LLC, the General Partner of Altos Ventures IV Liquidity Fund, L.P.	03/04/2021
	Anthony P Lee, Managing Director of Altos Roblox Management Partners, LLC, the Manager of Altos Roblox SPV 1, LLC	03/04/2021
	Anthony P Lee, Managing Director of Altos Roblox Management Partners, LLC, the Manager of Altos Roblox SPV 2, LLC	03/04/2021
	Anthony P Lee, Managing Director of Altos Roblox 2020 Management Partners, LLC, the Manager of Altos Roblox SPV 2020, LLC	03/04/2021
	Anthony P Lee, Managing Director of Altos Management Partners IV, LLC, the General Partner of Altos Ventures IV Reserve Fund, L.P.	03/04/2021
	Anthony P Lee, Managing Director of Altos Management Partners IV, LLC, the General Partner of Altos Ventures IV, L.P.	03/02/2021
	Anthony P Lee, Managing Director of Altos Hybrid 2 GP, LLC, the Manager of Altos Hybrid 2 P-FIO, LLC	03/04/2021
	Anthony P Lee, Managing Director of Altos Hybrid 2 GP, LLC, the Manager of Altos Hybrid 2 V, LLC	02/04/2021
	Anthony P Lee, Managing Member of Altos Hybrid 3 GP, LLC, the Manager of Altos Hybrid 3 B, LLC	03/04/2021
	** 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.

Altos Hybrid 3 B Form 4Change in insider ownership