SEC Form 4 · accession 0001209191-18-034285
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sue Barsamian
Director
Period of report
May 28, 2018
Accepted (ET)
May 30, 2018 · 8:05 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 | May 28, 2018 | A | 9,047 | $0.00 | A | 9,047 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $27.41 | May 28, 2018 | A | 18,094 | A | Jun 28, 2018 | May 28, 2028 | Class A Common Stock | 18,094 | 18,094 | D |
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.
- F21/3 of the RSUs will vest on May 28, 2019. The remaining RSUs will vest annually thereafter over the following two years, subject to the Reporting Person's continued service through each vesting date.
- F31/36 of the shares subject to the option vest on June 28, 2018, and 1/36 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date