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 | -82K | -0.12% | $0.00 | 70.5M | May 1, 2024 | Class A Common Stock | 82K | See foonote | F2, F8 | |
holding | DBX | Class B Common Stock | 7.74M | May 1, 2024 | Class A Common Stock | See footnote | F7, F8 | |||||||
holding | DBX | Class B Common Stock | 501K | May 1, 2024 | Class A Common Stock | See footnote | F8, F9 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | 82,000 shares of Class B Common Stock were converted into 82,000 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date. |
F2 | Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which Reporting Person serves as trustee. |
F3 | These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2023 |
F4 | This transaction was executed in multiple trades at prices ranging from $23.02 to $23.83. 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. |
F5 | Shares held by The Erin Yu Houston Revocable Trust u/a/d 1/18/2024, for which the Reporting Person's spouse serves as trustee. |
F6 | 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. |
F7 | Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which Reporting Person serves as trustee. |
F8 | The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date. |
F9 | Shares held by the Houston 2012 Irrevocable Children's Trust u/a/d 4/12/2012, for which Reporting Person serves as trustee. |