DROPBOX, INC. — Director's Dealing 2021

Nov 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DROPBOX, INC. (DBX)
CIK: 0001467623
Period of Report: 2021-11-15

Reporting Person: Houston Andrew (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Class A Common Stock	S	1036216.00	$26.672	Disposed	9297117.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	500000.00	Indirect
Class A Common Stock	716728.00	Indirect

Footnotes

F1: Represents shares that were sold to cover tax withholding obligations in connection with the vesting of restricted stock awards previously reported.

F2: This transaction was executed in multiple trades at prices ranging from $26.42 to $27.18. 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: These securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions.

F4: Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which the Reporting Person serves as trustee.

F5: The Shares are held by the Houston Remainder Trust u/a/d 12/30/2010, for which the Reporting Person serves as trustee.