Dylan C. Smith - Jun 20, 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
Jun 20, 2023
Transactions value $
-$499,372
Form type
4
Date filed
6/22/2023, 04:10 PM
Previous filing
Jun 12, 2023
Next filing
Jul 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Tax liability -$499K -16.7K -1.05% $29.84 1.58M Jun 20, 2023 Direct F1, F2, 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 Reflects the conversion of 85,000 shares from indirect holdings to direct holdings following a distribution to the Reporting Person from the DCS GRAT of 2014.