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

Role
President
Signature
/s/ Cara Angelmar, Attorney-in-Fact
Stock symbol
DBX
Transactions as of
Dec 27, 2021
Transactions value $
-$281,761
Form type
4
Date filed
12/29/2021, 04:30 PM
Previous filing
Nov 29, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Gift $0 -1.3K -0.06% $0.00 2.32M Dec 14, 2021 Direct F1
transaction DBX Class A Common Stock Sale -$282K -11.3K -0.49% $25.05 2.31M Dec 27, 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.