Timothy Regan - Apr 1, 2022 Form 4 Insider Report for DROPBOX, INC. (DBX)

Signature
/s/ Cara Angelmar, Attorney-in-Fact
Stock symbol
DBX
Transactions as of
Apr 1, 2022
Transactions value $
-$23,390
Form type
4
Date filed
4/5/2022, 06:02 PM
Previous filing
Mar 29, 2022
Next filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Award $0 +202K +56.02% $0.00 562K Apr 1, 2022 Direct F1, F2
transaction DBX Class A Common Stock Sale -$23.4K -1K -0.18% $23.39 561K Apr 1, 2022 Direct F2, F3
* 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 awards. Each restricted stock award represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock awards vest as to 1/16th of the shares on May 15, 2022 and each three-month anniversary thereafter through February 15, 2026.
F2 Certain of these securities are restricted stock awards and restricted stock units. Each restricted stock award or 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 February 15, 2026. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and 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.