Form 4: Roblox Director Anthony P. Lee Reports Share Distributions

Director Anthony P. Lee of Roblox Corp. reports a series of in-kind distributions of Class A Common Stock, resulting in changes to his beneficial ownership.

Summary

• Anthony P. Lee, a director at Roblox Corp., has reported a series of transactions involving the company's Class A Common Stock.
• These transactions primarily involve pro-rata in-kind distributions of shares from various investment funds and entities to their partners and beneficiaries.
• The distributions did not involve any monetary transactions, with the price per share listed as $0.
• The reported transactions resulted in changes to the number of shares beneficially owned by Mr. Lee, both directly and indirectly through various trusts and investment vehicles.
• The total number of shares indirectly held by Mr. Lee is 14,778,979, with 38,164 shares held directly by AVMI, and 6,504,137 shares held directly by Fallen Leaf Revocable Trust, 771,811 shares held directly by Fallen Leaf LLC Sub Fund No. 1, 111,112 shares held directly by Altos Hybrid 4, L.P., 300,000 shares held directly by a trust for his son, and 300,000 shares held directly by a trust for his daughter.

Sentiment

Score: 5

Explanation: The document is a neutral report of transactions, with no indication of positive or negative sentiment. It is a routine filing.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, which is a common practice in publicly traded companies. It does not indicate any specific trend or event within the gaming or technology industry.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers.
• The in-kind distribution of shares is a common method for distributing assets from investment funds to their partners.
• The reporting of indirect ownership through various trusts and investment vehicles is also a typical practice for individuals with complex financial holdings.

Stakeholder Impact

• The transactions reported in this document do not have a direct impact on stakeholders, as they are internal transfers of shares.
• The changes in beneficial ownership are primarily relevant to the reporting person and the investment funds involved.

Key Dates

Keywords

Roblox, RBLX, Anthony P. Lee, Beneficial Ownership, Class A Common Stock, SEC Form 4, In-Kind Distribution, Altos Ventures