Dylan C. Smith - Mar 31, 2023 Form 4 Insider Report for BOX INC (BOX)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOX	Class A Common Stock	Award	$0	+3.73K	+0.25%	$0.00	1.48M	Mar 31, 2023	Direct	F1, F2
transaction	BOX	Class A Common Stock	Tax liability	-$48.1K	-1.85K	-0.13%	$25.99	1.48M	Mar 31, 2023	Direct	F2, F3
transaction	BOX	Class A Common Stock	Award	$0	+82.5K	+5.58%	$0.00	1.56M	Apr 3, 2023	Direct	F2, F4
transaction	BOX	Class A Common Stock	Tax liability	-$380K	-14.4K	-0.92%	$26.33	1.55M	Apr 4, 2023	Direct	F2, F5
holding	BOX	Class A Common Stock						85K	Mar 31, 2023	See footnote	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2023 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.
F4	Represents RSUs that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date.
F5	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 Performance-Based Stock Units ("PSUs") and does not represent a sale by the Reporting Person.
F6	The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee.