Timothy H. Young - Nov 15, 2021 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role
President
Signature
/s /Bart E. Volkmer, Attorney-in-Fact
Stock symbol
DBX
Transactions as of
Nov 15, 2021
Transactions value $
-$880,792
Form type
4
Date filed
11/17/2021, 05:05 PM
Previous filing
Oct 27, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Tax liability -$881K -32.6K -2.5% $26.99 1.27M Nov 15, 2021 Direct F1, F2
* 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 income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock awards previously reported.
F2 Certain of these securities are restricted stock awards. Each restricted stock award represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through February 15, 2024. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards will be cancelled by the Issuer.