SEC Form 4 · accession 0001209191-16-123810
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Graham R Younger
Officer — EVP Worldwide Field Operations
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 8:17 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | May 24, 2016 | A | 60,000 | $0.00 | A | 151,717 | D | |
| Class A Common StockF1,F2,F3 | May 24, 2016 | A | 40,000 | $0.00 | A | 191,717 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F225% of the RSUs will vest on March 20, 2017. The remaining RSUs will vest quarterly thereafter over the following three years, subject to the Reporting Person's continued service through each vesting date.
- F3Includes 88,000 RSUs that represent contingent rights to receive 88,000 shares of the Issuer's Class B Common Stock upon settlement. Each 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.