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BOX INC — Director's Dealing 2018
Jun 19, 2018
31068_dirs_2018-06-18_c0fc33c6-ff7b-432f-8c18-c95d1c752136.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOX INC (BOX)
CIK: 0001372612
Period of Report: 2018-06-14
Reporting Person: Mannie Jeff (VP Controller & Chief Acct Ofr)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-14 | Class A Common Stock | C | 40451 | — | Acquired | 108151 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-14 | Class B Common Stock | $ | C | 40451 | Disposed | Class A Common Stock (40451) | Direct | |
| 2018-06-14 | Employee Stock Option (right to buy) | $4.63 | J | 95000 | Disposed | 2023-05-12 | Class B Common Stock (95000) | Direct |
| 2018-06-14 | Employee Stock Option (right to buy) | $4.63 | J | 95000 | Acquired | 2023-05-12 | Class A Common Stock (95000) | Direct |
| 2018-06-14 | Employee Stock Option (right to buy) | $14.05 | J | 15000 | Disposed | 2025-01-01 | Class B Common Stock (15000) | Direct |
| 2018-06-14 | Employee Stock Option (right to buy) | $14.05 | J | 15000 | Acquired | 2025-01-01 | Class A Common Stock (15000) | Direct |
Footnotes
F1: This does not represent a sale or purchase of Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which occurred when outstanding Class B Common Stock no longer represented at least 5% of the Issuer's total outstanding common stock, as set forth in the Issuer's Amended and Restated Certificate of Incorporation.
F2: In connection with the automatic conversion described in footnote (1) above, outstanding Class B Common Stock restricted stock units and options that were issued under the Issuer's 2011 Equity Incentive Plan and 2006 Stock Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
F3: Includes 56,875 RSUs that represent contingent rights to receive 56,875 shares of the Issuer's Class A Common Stock upon settlement.
F4: The shares subject to the option are fully vested and exercisable.
F5: 1/4 of the shares subject to the option vest on March 20, 2016, and 1/48 of the shares vest monthly thereafter.