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DROPBOX, INC. — Director's Dealing 2024
Sep 5, 2024
30716_dirs_2024-09-05_adc078bd-95c2-4481-a5e7-1734f90bbedf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DROPBOX, INC. (DBX)
CIK: 0001467623
Period of Report: 2024-09-03
Reporting Person: Houston Andrew (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-03 | Class A Common Stock | C | 84500.00 | $0.00 | Acquired | 84500.00 | Indirect |
| 2024-09-03 | Class A Common Stock | S | 81400.00 | $24.13 | Disposed | 3100.00 | Indirect |
| 2024-09-03 | Class A Common Stock | S | 3100.00 | $24.989 | Disposed | 0.00 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-03 | Class B Common Stock | $ | C | 84500.00 | Disposed | Class A Common Stock (84500.00) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 444444.00 | Indirect |
| Class A Common Stock | 8266666.00 | Direct |
| Class A Common Stock | 716728.00 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (7743764.00) | 7743764.00 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (500500.00) | 500500.00 | Indirect |
Footnotes
F1: 84,500 shares of Class B Common Stock were converted into 84,500 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
F10: Shares held by the Houston 2012 Irrevocable Children's Trust u/a/d 4/12/2012, for which Reporting Person serves as trustee.
F2: Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which Reporting Person serves as trustee.
F3: These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2023
F4: This transaction was executed in multiple trades at prices ranging from $23.92 to $24.91. 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.
F5: This transaction was executed in multiple trades at prices ranging from $24.92 to $25.00. 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.
F6: Shares held by The Erin Yu Houston Revocable Trust u/a/d 1/18/2024, for which the Reporting Person's spouse serves as trustee.
F7: 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.
F8: Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which Reporting Person serves as trustee.
F9: 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.