DROPBOX, INC. — Director's Dealing 2018

Mar 23, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: MYLOD ROBERT J JR (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	14286	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A-1 Preferred Stock	$		Class B Common Stock (14844)		Indirect
Class B Common Stock	$		Class A Common Stock (107814)		Indirect
Class B Common Stock	$		Class A Common Stock (77766)		Direct

Footnotes

F1: These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through the earlier of May 15, 2019 or the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.

F2: The Series A-1 Preferred Stock will automatically convert into shares of Issuer's Class B Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration.

F3: Shares are held by Annox Capital, LLC ("Annox"). The Reporting Person is the managing member of Annox and has sole voting and investment control over the shares held by Annox.

F4: The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.

F5: These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class B Common Stock, subject to the applicable vesting schedule through August 15, 2018. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.