Andrew Houston - 10 Nov 2022 Form 4 Insider Report for DROPBOX, INC. (DBX)

Signature
/s/ Cara Angelmar, Attorney-in-Fact
Issuer symbol
DBX
Transactions as of
10 Nov 2022
Net transactions value
-$3,617,412
Form type
4
Filing time
15 Nov 2022, 15:18:29 UTC
Previous filing
12 Oct 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Sale $3,617,412 -162,500 -93% $22.26 12,500 10 Nov 2022 See footnote F1, F2, F3
holding DBX Class A Common Stock 8,781,892 10 Nov 2022 Direct F4
holding DBX Class A Common Stock 716,728 10 Nov 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $21.97 to $22.52. 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 Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which the Reporting Person serves as trustee.
F4 Certain of 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.
F5 Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting person serves as trustee.