Timothy H. Young - 27 Dec 2021 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role
President
Signature
/s/ Cara Angelmar, Attorney-in-Fact
Issuer symbol
DBX
Transactions as of
27 Dec 2021
Net transactions value
-$281,761
Form type
4
Filing time
29 Dec 2021, 16:30:05 UTC
Previous filing
29 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Gift $0 -1,300 -0.06% $0.000000 2,319,344 14 Dec 2021 Direct F1
transaction DBX Class A Common Stock Sale $281,761 -11,250 -0.49% $25.05 2,308,094 27 Dec 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, or if certain restricted stock awards do not satisfy market-based or liquidity event-related performance vesting conditions, the unvested restricted stock awards will be cancelled by the Issuer.
F2 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F3 This transaction was executed in multiple trades at prices ranging from $24.89 to $25.19. 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.