SEC Form 4 · accession 0001209191-18-035948
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M McGoff
Officer — Chief Legal Officer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 7:54 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 | Jun 1, 2018 | M | 14,843 | $0.00 | A | 45,781 | D | |
| Class A Common Stock | Jun 1, 2018 | C | 65,000 | $0.00 | A | 110,781 | D | |
| Class A Common Stock | Jun 1, 2018 | C | 25,000 | $0.00 | A | 135,781 | D | |
| Class A Common Stock | Jun 1, 2018 | C | 29,687 | $0.00 | A | 165,468 | D | |
| Class A Common Stock | Jun 1, 2018 | C | 15,492 | $0.00 | A | 180,960 | D | |
| Class A Common StockF2 | Jun 1, 2018 | S | 150,022 | $26.31 | D | 30,938 | 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 | $1.16 | Jun 1, 2018 | M | 65,000 | D | — | Apr 27, 2022 | Class B Common Stock | 65,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $17.85 | Jun 1, 2018 | M | 25,000 | D | — | Apr 2, 2024 | Class B Common Stock | 25,000 | 0 | D |
| Employee Stock Option (right to buy)F6,F5 | $14.05 | Jun 1, 2018 | M | 29,687 | D | — | Jan 2, 2025 | Class B Common Stock | 29,687 | 0 | D |
| Employee Stock Option (right to buy)F6,F5 | $17.52 | Jun 1, 2018 | M | 14,843 | D | — | Jun 18, 2025 | Class A Common Stock | 14,843 | 0 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | M | 65,000 | A | — | — | Class A Common Stock | 65,000 | 80,492 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | M | 25,000 | A | — | — | Class A Common Stock | 25,000 | 105,492 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | M | 29,687 | A | — | — | Class A Common Stock | 29,687 | 135,179 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | C | 65,000 | D | — | — | Class A Common Stock | 65,000 | 70,179 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | C | 25,000 | D | — | — | Class A Common Stock | 25,000 | 45,179 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | C | 29,687 | D | — | — | Class A Common Stock | 29,687 | 15,492 | D |
| Class B Common StockF7 | — | Jun 1, 2018 | C | 15,492 | D | — | — | Class A Common Stock | 15,492 | 0 | D |
Explanation of responses
- F1This number reflects the cancellation of unvested RSUs in connection with the Reporting Person's departure from Box, Inc., as reported in the Form 8-K that was filed with the SEC on 5/8/2018.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $25.99 to $26.51 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3All of this option grant's shares became fully exercisable as of 4/23/2016.
- F4All of this option grant's shares became fully exercisable as of 02/01/18.
- F5One fourth of the shares subject to the option vested on March 20, 2016 and one forty-eighth of the shares vest monthly thereafter, provided that the Reporting Person was a Service Provider as of each vesting date.
- F6This number reflects the cancellation of unvested options in connection with the Reporting Person's departure from Box, Inc., as reported in the Form 8-K that was filed with the SEC on 5/8/2018.
- F7Each 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.