Timothy H. Young - 31 Dec 2022 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role: President
Signature: /s/ Cara Angelmar, Attorney-in-Fact
Issuer symbol: DBX
Transactions as of: 31 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 15:04:45 UTC
Previous filing: 28 Dec 2022
Next filing: 26 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DBX	Class A Common Stock	Disposed to Issuer	$0	-353,044	-24%	$0.000000	1,123,945	31 Dec 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects forfeiture of shares of restricted stock to the Issuer as a result of performance targets not being met as of 12/31/2022.
F2	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.

Content

Reflects forfeiture of shares of restricted stock to the Issuer as a result of performance targets not being met as of 12/31/2022.

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.