Dylan C. Smith - Dec 20, 2022 Form 4 Insider Report for BOX INC (BOX)

Role
Chief Financial Officer
Signature
/s/ David Leeb, Attorney-in-Fact
Stock symbol
BOX
Transactions as of
Dec 20, 2022
Transactions value $
-$435,974
Form type
4
Date filed
12/22/2022, 03:37 PM
Previous filing
Dec 13, 2022
Next filing
Jan 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Tax liability -$436K -14.2K -1.08% $30.75 1.3M Dec 20, 2022 Direct F1, F2
holding BOX Class A Common Stock 85K Dec 20, 2022 See footnote 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.
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 The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee.