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DROPBOX, INC. Director's Dealing 2018

Mar 23, 2018

30716_dirs_2018-03-22_d8cef58b-9240-4315-9624-6d2dd5f44390.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DROPBOX, INC. (DBX)
CIK: 0001467623
Period of Report: 2018-03-22

Reporting Person: SC XII MANAGEMENT LLC (10% Owner)
Reporting Person: SEQUOIA CAPITAL XII A DELAWARE L P (10% Owner)
Reporting Person: SEQUOIA CAPITAL XII PRINCIPALS FUND LLC (10% Owner)
Reporting Person: SEQUOIA TECHNOLOGY PARTNERS XII A DELAWARE L P (10% Owner)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A Preferred Stock $ Class B Common Stock (39073599) Indirect
Series A Preferred Stock $ Class B Common Stock (4176079) Indirect
Series A Preferred Stock $ Class B Common Stock (1462080) Indirect
Series A-1 Preferred Stock $ Class B Common Stock (36787659) Indirect
Series A-1 Preferred Stock $ Class B Common Stock (3931759) Indirect
Series A-1 Preferred Stock $ Class B Common Stock (1376520) Indirect
Series B Preferred Stock $ Class B Common Stock (317886) Indirect
Series B Preferred Stock $ Class B Common Stock (33974) Indirect
Series B Preferred Stock $ Class B Common Stock (11894) Indirect

Footnotes

F1: Each share of preferred stock will automatically convert into Class B common stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering and has no expiration.

F2: SC XII Management, LLC ("SC XII Management") is the general partner of Sequoia Capital XII, L.P. and Sequoia Technology Partners XII, L.P. and is the managing member of Sequoia Capital XII Principals Fund, LLC. As a result, SC XII Management may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital XII, L.P., Sequoia Technology Partners XII, L.P. and Sequoia Capital XII Principals Fund, LLC. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.