BOX INC — Director's Dealing 2021

Apr 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOX INC (BOX)
CIK: 0001372612
Period of Report: 2021-04-01

Reporting Person: Smith Dylan C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-01	Class A Common Stock	A	9255	$0.00	Acquired	1047330	Direct
2021-04-01	Class A Common Stock	F	3201	$22.96	Disposed	1044129	Direct
2021-04-02	Class A Common Stock	A	175000	$0.00	Acquired	1219129	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 FY21 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.

F2: 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.

F3: The shares of Class A Common Stock are to be acquired upon the vesting of RSUs granted to the Reporting Person. The RSUs shall vest over four years as follows: 1/16th of the shares will vest on June 20, 2021 and each full three months thereafter, subject to the Reporting Person's continuous service through each vesting date.

F4: The shares are held of record by the DCS GRAT of 2014, for which the Reporting Person serves as trustee.