Daniel J. Levin - Mar 27, 2024 Form 4 Insider Report for BOX INC (BOX)

Role
Director
Signature
/s/ David Leeb, Attorney-in-Fact
Stock symbol
BOX
Transactions as of
Mar 27, 2024
Transactions value $
-$733,810
Form type
4
Date filed
3/29/2024, 05:20 PM
Previous filing
Mar 25, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Options Exercise $1.25M +70K $17.85 70K Mar 27, 2024 See footnote F1
transaction BOX Class A Common Stock Sale -$1.98M -70K -100% $28.33 0 Mar 27, 2024 See footnote F1, F2
holding BOX Class A Common Stock 43.9K Mar 27, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOX Employee Stock Option (right to buy) Options Exercise $0 -70K -100% $0.00* 0 Mar 27, 2024 Class A Common Stock 70K $17.85 See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held of record by Daniel J. Levin and Naomi J. Andrews, as Trustees of the Levin/Andrews Family Trust.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $28.23 to $28.425 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Certain of these shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
F4 All of this option grant's shares became fully exercisable as of 02/01/2018.