DROPBOX, INC. — Director's Dealing 2022

Mar 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DROPBOX, INC. (DBX)
CIK: 0001467623
Period of Report: 2022-03-09

Reporting Person: Houston Andrew (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-09	Class A Common Stock	C	175000.00	$0.00	Acquired	675000.00	Indirect
2022-03-09	Class A Common Stock	G	175000.00	$0.00	Disposed	500000.00	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-09	Class B Common Stock	$	C	175000.00	Disposed		Class A Common Stock (175000.00)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9297117.00	Direct
Class A Common Stock	716728.00	Indirect

Footnotes

F1: 175,000 shares of Class B Common Stock were converted into 175,000 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.

F2: Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which the Reporting Person serves as trustee.

F3: Certain of 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: The Shares are held by the Houston Remainder Trust u/a/d 12/30/2010, for which the Reporting Person serves as trustee.

F5: 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.