Aaron Levie - Mar 10, 2022 Form 4 Insider Report for BOX INC (BOX)

Role
Chief Executive Officer, Director
Signature
/s/ David Leeb, Attorney-in-Fact
Stock symbol
BOX
Transactions as of
Mar 10, 2022
Transactions value $
$5,813,200
Form type
4
Date filed
3/11/2022, 08:17 PM
Previous filing
Mar 17, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Options Exercise $893K +770K +34.36% $1.16* 3.01M Mar 10, 2022 Direct
transaction BOX Class A Common Stock Options Exercise $4.92M +1.23M +40.85% $4.00 4.24M Mar 10, 2022 Direct
transaction BOX Class A Common Stock Tax liability -50.1K -1.18% 4.19M Mar 10, 2022 Direct F1
transaction BOX Class A Common Stock Tax liability -868K -20.71% 3.32M Mar 10, 2022 Direct F2

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 -770K -100% $0.00* 0 Mar 10, 2022 Class A Common Stock 770K $1.16 Direct F3
transaction BOX Employee Stock Option (right to buy) Options Exercise $0 -410K -100% $0.00* 0 Mar 10, 2022 Class A Common Stock 410K $4.00 Direct F3
transaction BOX Employee Stock Option (right to buy) Options Exercise $0 -410K -100% $0.00* 0 Mar 10, 2022 Class A Common Stock 410K $4.00 Direct F3
transaction BOX Employee Stock Option (right to buy) Options Exercise $0 -410K -100% $0.00* 0 Mar 10, 2022 Class A Common Stock 410K $4.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by the Reporting Person that were delivered to the Company in payment of the aggregate exercise price with respect to 508,082 stock options that were set to expire in April 2022. The net result was an increase of 457,981 shares held.
F2 Shares withheld for the payment of exercise price and tax withholding with respect to the exercise of shares otherwise deliverable to the Reporting Person upon the exercise of 1,491,918 stock options that were set to expire in April 2022. The net result was an increase of 623,965 shares held.
F3 The shares subject to the option were fully vested and exercisable.