0001315098-24-000065.txt : 20240328
0001315098-24-000065.hdr.sgml : 20240328
20240328184330
ACCESSION NUMBER: 0001315098-24-000065
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240321
FILED AS OF DATE: 20240328
DATE AS OF CHANGE: 20240328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chakravarthy Arvind
CENTRAL INDEX KEY: 0002015855
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39763
FILM NUMBER: 24801190
MAIL ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Roblox Corp
CENTRAL INDEX KEY: 0001315098
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 200991664
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
BUSINESS PHONE: (888) 858-2569
MAIL ADDRESS:
STREET 1: 970 PARK PLACE
CITY: SAN MATEO
STATE: CA
ZIP: 94403
3
1
wk-form3_1711665801.xml
FORM 3
X0206
3
2024-03-21
0
0001315098
Roblox Corp
RBLX
0002015855
Chakravarthy Arvind
C/O ROBLOX CORPORATION
970 PARK AVE
SAN MATEO
CA
94403
0
1
0
0
Chief People & Systems Officer
Class A Common Stock
341131
D
Performance Stock Unit
0
Class A Common Stock
114776
D
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. 34,218 of the RSUs shall vest on May 20, 2024 and 306,913 of the RSUs shall vest quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
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 covenant adjusted EBITDA targets by the Issuer between January 1, 2024 and December 31, 2025. Subject to continued service by the Reporting Person on each vesting date, 67% 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, 2025 and the remaining 33% of the PSUs eligible to vest based on performance will vest in approximately equal quarterly installments thereafter on each of May 20, 2026, August 20, 2026, November 20, 2026, and February 20, 2027, subject to continued service.
Represents that maximum number of shares of Class A Common Stock which may be issued under this award.
Exhibit 24 - Power of Attorney
/s/ Mark Reinstra Attorney-in-Fact for Arvind Chakravarthy
2024-03-28