Chakravarthy Arvind bought RBLX
March 7, 2025 · Form 4 insider transaction
Chakravarthy Arvind bought 85,458 shares of Roblox Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each performance stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.; Represents that maximum number of shares of Class A Common Stock which may be issued under this award.; 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 EBITDA targets by the Issuer between January 1, 2025 and December 31, 2026. 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, 2026 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, 2027, August 20, 2027, November 20, 2027, and February 20, 2028, subject to continued service.