Dylan C. Smith - Jan 30, 2023 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
Jan 30, 2023
Transactions value $
$648,200
Form type
4
Date filed
2/1/2023, 04:47 PM
Previous filing
Jan 12, 2023
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Options Exercise $648 K +140 K +10.86% $4.63 1.43 M Jan 30, 2023 Direct F1, F2
holding BOX Class A Common Stock 85 K Jan 30, 2023 See footnote 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 -140 K -100% $0.00 0 Jan 30, 2023 Class A Common Stock 140 K $4.63 Direct F4

Explanation of Responses:

Id Content
F1 Reporting Person exercised Employee Stock Options set to expire on 02/07/2023 and held the shares following the exercise.
F2 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.
F3 The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee.
F4 All of this option grant's shares became fully exercisable as of 02/01/2017.