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DROPBOX, INC. — Director's Dealing 2018
Mar 23, 2018
30716_dirs_2018-03-22_e2380da5-6427-40ae-bc5a-65cb7e0d7222.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: Schreier R. Bryan (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 14286 | Direct |
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: 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: 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.
F3: The Reporting Person is a non-managing member of SC XII Management, LLC ("SC XII Management"). 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. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 any other purpose.