Karen Peacock - May 20, 2021 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role
Director
Signature
/s/ Bart E. Volkmer, Attorney-In-Fact
Stock symbol
DBX
Transactions as of
May 20, 2021
Transactions value $
-$239,256
Form type
4
Date filed
5/24/2021, 07:52 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Award $0 +9.34K +64.53% $0.00 23.8K May 20, 2021 Direct F1, F2
transaction DBX Class A Common Stock Sale -$239K -8.82K -37.05% $27.13 15K May 24, 2021 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock units vest in full on the earlier of May 20, 2022 or the day prior to the date of the Issuer's next annual meeting of stockholders.
F2 Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through May 20, 2022 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.
F3 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F4 This transaction was executed in multiple trades at prices ranging from $26.86 to $27.27. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.