Bart Volkmer - Nov 15, 2022 Form 4 Insider Report for DROPBOX, INC. (DBX)

Signature
/s/ Cara Angelmar, Attorney-in-Fact
Stock symbol
DBX
Transactions as of
Nov 15, 2022
Transactions value $
-$584,329
Form type
4
Date filed
11/17/2022, 04:29 PM
Previous filing
Oct 13, 2022
Next filing
Dec 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Tax liability -$348K -15.3K -4.89% $22.78 297K Nov 15, 2022 Direct F1, F2
transaction DBX Class A Common Stock Sale -$237K -10.5K -3.55% $22.48 286K Nov 16, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units and restricted stock awards previously reported.
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 $22.34 to $22.68. 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.