SEC Form 4 · accession 0001209191-15-007538
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron Levie
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jan 28, 2015
Accepted (ET)
Jan 29, 2015 · 6:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Existing Class A Common StockF1 | Jan 28, 2015 | J | 2,565,372 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | — | Jan 28, 2015 | J | 2,565,372 | A | — | — | Class A Common Stock | 2,565,372 | 2,565,372 | D |
| Employee Stock Option (right to buy)F3,F1 | $0.29 | Jan 28, 2015 | J | 588,841 | D | — | Jul 14, 2020 | Existing Class A Common Stock | 588,841 | 0 | D |
| Employee Stock Option (right to buy)F3,F1,F2 | $0.29 | Jan 28, 2015 | J | 588,841 | A | — | Jul 14, 2020 | Class B Common Stock | 588,841 | 588,841 | D |
| Employee Stock Option (right to buy)F3,F1 | $0.59 | Jan 28, 2015 | J | 25,000 | D | — | Apr 6, 2021 | Existing Class A Common Stock | 25,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F1,F2 | $0.59 | Jan 28, 2015 | J | 25,000 | A | — | Apr 6, 2021 | Class B Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (right to buy)F4,F5 | $1.16 | Jan 28, 2015 | C | 770,000 | D | — | Apr 1, 2022 | Existing Class B Common Stock | 770,000 | 0 | D |
| Employee Stock Option (right to buy)F4,F5 | $1.16 | Jan 28, 2015 | C | 770,000 | A | — | Apr 1, 2022 | Existing Class A Common Stock | 770,000 | 770,000 | D |
| Employee Stock Option (right to buy)F4,F1 | $1.16 | Jan 28, 2015 | J | 770,000 | D | — | Apr 1, 2022 | Existing Class A Common Stock | 770,000 | 0 | D |
| Employee Stock Option (right to buy)F4,F1,F2 | $1.16 | Jan 28, 2015 | J | 770,000 | A | — | Apr 1, 2022 | Class B Common Stock | 770,000 | 770,000 | D |
| Employee Stock Option (right to buy)F6,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | D | — | Apr 1, 2022 | Existing Class B Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F6,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | A | — | Apr 1, 2022 | Existing Class A Common Stock | 410,000 | 410,000 | D |
| Employee Stock Option (right to buy)F6,F1 | $4.00 | Jan 28, 2015 | J | 410,000 | D | — | Apr 1, 2022 | Existing Class A Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F6,F1,F2 | $4.00 | Jan 28, 2015 | J | 410,000 | A | — | Apr 1, 2022 | Class B Common Stock | 410,000 | 410,000 | D |
| Employee Stock Option (right to buy)F7,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | D | — | Apr 1, 2022 | Existing Class B Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F7,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | A | — | Apr 1, 2022 | Existing Class A Common Stock | 410,000 | 410,000 | D |
| Employee Stock Option (right to buy)F7,F1 | $4.00 | Jan 28, 2015 | J | 410,000 | D | — | Apr 1, 2022 | Existing Class A Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F7,F1,F2 | $4.00 | Jan 28, 2015 | J | 410,000 | A | — | Apr 1, 2022 | Class B Common Stock | 410,000 | 410,000 | D |
| Employee Stock Option (right to buy)F8,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | D | — | Apr 26, 2022 | Existing Class B Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F8,F5 | $4.00 | Jan 28, 2015 | C | 410,000 | A | — | Apr 26, 2022 | Existing Class A Common Stock | 410,000 | 410,000 | D |
| Employee Stock Option (right to buy)F8,F1 | $4.00 | Jan 28, 2015 | J | 410,000 | D | — | Apr 26, 2022 | Existing Class A Common Stock | 410,000 | 0 | D |
| Employee Stock Option (right to buy)F8,F1,F2 | $4.00 | Jan 28, 2015 | J | 410,000 | A | — | Apr 26, 2022 | Class B Common Stock | 410,000 | 410,000 | D |
Explanation of responses
- F1Immediately prior to the closing of the Issuer's initial public offering and following the conversion of the Issuer's existing Class B Common Stock ("Existing Class B Common Stock") into the Issuer's existing Class A Common Stock ("Existing Class A Common Stock"), each share of Existing Class A Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- F2Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- F3The shares subject to the option are fully vested and exercisable.
- F41/48 of the shares subject to the option vested on February 1, 2012, and 1/48 of the shares vest monthly thereafter.
- F5The Existing Class B Common Stock underlying the reported option automatically converted into Existing Class A Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
- F61/48 of the shares subject to the option vested on February 1, 2013, and 1/48 of the shares vest monthly thereafter.
- F71/48 of the shares subject to the option vested on February 1, 2014, and 1/48 of the shares vest monthly thereafter.
- F81/48 of the shares subject to the option vest on February 1, 2015, and 1/48 of the shares vest monthly thereafter.