Bart Volkmer - Oct 11, 2022 Form 4 Insider Report for DROPBOX, INC. (DBX)

Signature
/s/ Cara Angelmar, Attorney-in-Fact
Stock symbol
DBX
Transactions as of
Oct 11, 2022
Transactions value $
-$221,334
Form type
4
Date filed
10/13/2022, 05:41 PM
Previous filing
Sep 14, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Conversion of derivative security $0 +29.2K +9.96% $0.00 323K Oct 11, 2022 Direct F1, F2
transaction DBX Class A Common Stock Sale -$221K -11K -3.41% $20.12 312K Oct 11, 2022 Direct F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DBX Class B Common Stock Conversion of derivative security $0 -29.2K -29.92% $0.00 68.5K Oct 11, 2022 Class A Common Stock 29.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 29,237 shares of Class B Common Stock were converted into 29,237 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
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.
F4 This transaction was executed in multiple trades at prices ranging from $19.90 to $20.48. 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.