BOX INC — Director's Dealing 2022

Apr 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOX INC (BOX)
CIK: 0001372612
Period of Report: 2022-04-01

Reporting Person: Berkovitch Eli (VP Chief Acct Ofr & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-01	Class A Common Stock	A	8639	$0.00	Acquired	137366	Direct
2022-04-01	Class A Common Stock	F	2988	$29.06	Disposed	134378	Direct
2022-04-04	Class A Common Stock	A	21500	$0.00	Acquired	155878	Direct

Footnotes

F1: Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's FY22 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.

F2: Certain of these shares are represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.

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 that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date.