Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BOX | Class A Common Stock | Tax liability | -$363K | -14.2K | -1.01% | $25.61 | 1.39M | Mar 20, 2023 | Direct | F1, F2, F3 |
transaction | BOX | Class A Common Stock | Award | $0 | +87.3K | +6.28% | $0.00 | 1.48M | Mar 22, 2023 | Direct | F3, F4 |
holding | BOX | Class A Common Stock | 85K | Mar 20, 2023 | See footnote | F5 |
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 | Includes 949 shares acquired on March 15, 2023 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. |
F4 | This award represents the achievement of performance criteria under performance-based restricted stock units ("PSUs") granted on April 4, 2022. One-third of these PSUs shall vest on April 4, 2023 and the remaining two-thirds shall vest annually thereafter for the next two years, subject to the Reporting Person's continuous service through each vesting date. |
F5 | The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee. |