Eli Berkovitch - 22 Apr 2025 Form 4 Insider Report for BOX INC (BOX)

Role
VP Chief Acct Ofr & Controller
Signature
/s/ David Leeb, Attorney-in-Fact
Issuer symbol
BOX
Transactions as of
22 Apr 2025
Net transactions value
-$44,141
Form type
4
Filing time
23 Apr 2025, 19:23:17 UTC
Previous filing
17 Apr 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Award $0 +4,278 +3% $0.000000 146,200 22 Apr 2025 Direct F1, F2
transaction BOX Class A Common Stock Tax liability $44,141 -1,506 -1% $29.31 144,694 22 Apr 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2025 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.
F2 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.
F3 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 RSUs and does not represent a sale by the Reporting Person.