Altos Ventures IV 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

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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 Ventures IV Liquidity Fund, L.P.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(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)
07/17/2023

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	07/17/2023		J⁽¹⁾		2,339,863	D	$0.00	21,387,734	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾
Class A Common Stock	07/17/2023		J⁽⁵⁾		490,682	D	$0.00	14,241,020	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁶⁾
Class A Common Stock								237,927	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁷⁾
Class A Common Stock								111,112	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁸⁾
Class A Common Stock								1,991,982	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁹⁾
Class A Common Stock								9,918,198	I	See Footnotes⁽³⁾⁽⁴⁾⁽¹⁰⁾
Class A Common Stock								463,905	I	See Footnotes⁽³⁾⁽⁴⁾⁽¹¹⁾
Class A Common Stock								11,858,617	I	See Footnotes⁽³⁾⁽⁴⁾⁽¹²⁾

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)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 1, LLC

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 2, L.P.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Hybrid 4, L.P.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 2, LLC

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Roblox SPV 2020, LLC

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Ventures IV Reserve Fund, L.P.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Altos Ventures IV, L.P.

(Last)

(First)

(Middle)

C/O ROBLOX CORPORATION

970 PARK PLACE

(Street)

SAN MATEO

94403

(City)

(State)

(Zip)

Explanation of Responses:

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

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

3. The general partner of Altos Hybrid 2, L.P. is Altos Hybrid 2 GP, 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; 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; the general partner of Altos Roblox SPV 1, LLC and Altos Roblox SPV 2, LLC is Altos Roblox Management Partners, LLC; and the general partner of Altos Roblox SPV 2020, LLC is Altos Roblox 2020 Management Partners, 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 pecuniary interest therein, if any.

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

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

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

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

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

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

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

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

Remarks:

This Form 4 is the first of two Forms 4 filed by the Reporting Person relating to the same events. The Form 4 has been split into two filings in order to include all Reporting Persons.

	/s/ Anthony P. Lee, managing director Altos IV LR GP, LLC, general partner of Altos Ventures IV Liquidity Fund, L.P.	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Roblox Management Partners IV, manager of Altos Roblox SPV 1, LLC	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Hybrid 2 GP, LLC, general partner of Altos Hybrid 2, L.P.	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Hybrid 4 GP, LLC, general partner of Altos Hybrid 4, L.P.	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Roblox Management Partners, LLC, manager of Altos Roblox SPV 2, LLC	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Roblox 2020 Management Partners, LLC, general partner of Altos Roblox SPV 2020, LLC	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos IV LR GP, LLC, general partner of Altos Ventures IV Reserve Fund, L.P.	07/19/2023
	/s/ Anthony P. Lee, managing director of Altos Management Partners IV, LLC, general partner of Altos Ventures IV, L.P.	07/19/2023
	** 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).
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Altos Ventures IV Form 4Change in insider ownership