Bart Volkmer - Apr 1, 2023 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role: Chief Legal Officer
Signature: /s/ Cara Angelmar, Attorney-in-Fact
Stock symbol: DBX
Transactions as of: Apr 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/4/2023, 06:07 PM
Previous filing: Mar 16, 2023
Next filing: Apr 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DBX	Class A Common Stock	Award	$0	+159K	+69.23%	$0.00	389K	Apr 1, 2023	Direct	F1, F2

* 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 units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock units vest as to 1/16th of the shares on May 15, 2023 and each three-month anniversary thereafter through February 15, 2027.
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, 2027. 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.

Content

These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock units vest as to 1/16th of the shares on May 15, 2023 and each three-month anniversary thereafter through February 15, 2027.

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, 2027. 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.