Andrew Houston - 15 Nov 2021 Form 4 Insider Report for DROPBOX, INC. (DBX)

Signature
/s/ Cara Angelmar, Attorney-in-Fact
Issuer symbol
DBX
Transactions as of
15 Nov 2021
Net transactions value
-$27,637,953
Form type
4
Filing time
17 Nov 2021, 17:11:39 UTC
Previous filing
17 Aug 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Sale $27,637,953 -1,036,216 -10% $26.67 9,297,117 15 Nov 2021 Direct F1, F2, F3
holding DBX Class A Common Stock 500,000 15 Nov 2021 See footnote F4
holding DBX Class A Common Stock 716,728 15 Nov 2021 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that were sold to cover tax withholding obligations in connection with the vesting of restricted stock awards previously reported.
F2 This transaction was executed in multiple trades at prices ranging from $26.42 to $27.18. 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.
F3 These securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions.
F4 Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which the Reporting Person serves as trustee.
F5 The Shares are held by the Houston Remainder Trust u/a/d 12/30/2010, for which the Reporting Person serves as trustee.