DROPBOX, INC. — Director's Dealing 2020

Feb 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DROPBOX, INC. (DBX)
CIK: 0001467623
Period of Report: 2020-02-24

Reporting Person: Ferdowsi Arash (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-24	Class A Common Stock	S	110867.00	$20.8311	Disposed	289133.00	Indirect
2020-02-24	Class A Common Stock	S	139133.00	$21.7187	Disposed	150000.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	4400000.00	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.

F2: This transaction was executed in multiple trades at prices ranging from $20.39 to $21.34. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: Shares held by the Arash Ferdowsi Revocable Trust u/a/d 4/20/2012, for which the Reporting Person serves as trustee.

F4: This transaction was executed in multiple trades at prices ranging from $21.40 to $22.07. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.