BOX INC — Director's Dealing 2020

Apr 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOX INC (BOX)
CIK: 0001372612
Period of Report: 2020-04-02

Reporting Person: Smith Dylan C (Director, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-02	Class A Common Stock	A	7262	$0.00	Acquired	1085811	Direct
2020-04-02	Class A Common Stock	F	2671	$14.17	Disposed	1083140	Direct
2020-04-03	Class A Common Stock	A	200000	$0.00	Acquired	1283140	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	85000	Indirect

Footnotes

F1: Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's FY20 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.

F2: Includes 1,430 shares acquired on March 15, 2020 by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.

F3: Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person.

F4: Represents RSUs. 1/16th of the RSUs shall vest after each 3 full months thereafter for the next 48 months, subject to continuous service through each such date.

F5: The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee.