Timothy H. Young - 24 Jan 2023 Form 4 Insider Report for DROPBOX, INC. (DBX)

Reporting relationship: President
Issuer ticker: DBX
Reported as of: 24 Jan 2023
Net transaction value: -$346,036
SEC form: 4
Accepted by SEC: 26 Jan 2023, 15:03:27 UTC
Prior SEC filing: 04 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Cara Angelmar, Attorney-in-Fact

Key filing fact

Timothy H. Young filed Form 4 for DROPBOX, INC. (DBX) on 26 Jan 2023.

Key facts

This page summarizes Timothy H. Young's Form 4 filing for DROPBOX, INC. (DBX).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Jan 2023, 15:03.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: -$346,036.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DBX transaction

Class A Common Stock

Sale

Transaction value: $346,036
Shares: -15,000
Change %: -1.3%
Price: $23.07
Shares after: 1,108,945
Date: 24 Jan 2023
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Timothy H. Young is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $22.84 to $23.33. 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.

Footnote F3

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.