Eli Berkovitch - Sep 20, 2024 Form 4 Insider Report for BOX INC (BOX)

Role
VP Chief Acct Ofr & Controller
Signature
/s/ David Leeb, Attorney-in-Fact
Stock symbol
BOX
Transactions as of
Sep 20, 2024
Transactions value $
-$86,698
Form type
4
Date filed
9/24/2024, 06:14 PM
Previous filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Tax liability -$86.7K -2.64K -1.79% $32.84 145K Sep 20, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units ("RSUs") and does not represent a sale by the Reporting Person. These shares were subject to the terms of that certain Lock-Up Agreement dated September 17, 2024.
F2 Includes 372 shares acquired on September 15, 2024 by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Certain of these shares are represented by 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.