SEC Form 4 · accession 0001209191-18-038432

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

Jun 14, 2018

Accepted (ET)

Jun 18, 2018 · 8:19 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 Stock^F1	Jun 14, 2018	C	2,565,372	$0.00	A	2,598,072	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 Stock^F1	—	Jun 14, 2018	C	2,565,372	D	—	—	Class A Common Stock	0	0	D
Employee Stock Option (right to buy)^F3	$0.29	Jun 14, 2018	J	588,841	D	—	Jul 14, 2020	Class B Common Stock	588,841	0	D
Employee Stock Option (right to buy)^F3	$0.29	Jun 14, 2018	J	588,841	A	—	Jul 14, 2020	Class A Common Stock	588,841	588,841	D
Employee Stock Option (right to buy)^F3	$0.59	Jun 14, 2018	J	25,000	D	—	Apr 6, 2021	Class B Common Stock	25,000	0	D
Employee Stock Option (right to buy)^F3	$0.59	Jun 14, 2018	J	25,000	A	—	Apr 6, 2021	Class A Common Stock	25,000	25,000	D
Employee Stock Option (right to buy)^F3	$1.16	Jun 14, 2018	J	770,000	D	—	Apr 1, 2022	Class B Common Stock	770,000	0	D
Employee Stock Option (right to buy)^F3	$1.16	Jun 14, 2018	J	770,000	A	—	Apr 1, 2022	Class A Common Stock	770,000	770,000	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	D	—	Apr 1, 2022	Class B Common Stock	410,000	0	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	A	—	Apr 1, 2022	Class A Common Stock	410,000	410,000	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	D	—	Apr 1, 2022	Class B Common Stock	410,000	0	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	A	—	Apr 1, 2022	Class A Common Stock	410,000	410,000	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	D	—	Apr 26, 2022	Class B Common Stock	410,000	0	D
Employee Stock Option (right to buy)^F3	$4.00	Jun 14, 2018	J	410,000	A	—	Apr 26, 2022	Class A Common Stock	410,000	410,000	D

Explanation of responses

F1This does not represent a sale or purchase of Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which occurred when outstanding Class B Common Stock no longer represented at least 5% of the Issuer's total outstanding common stock, as set forth in the Issuer's Amended and Restated Certificate of Incorporation.
F2In connection with the automatic conversion described in footnote (1) above, outstanding Class B Common Stock restricted stock units and options that were issued under the Issuer's 2011 Equity Incentive Plan and 2006 Stock Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
F3The shares subject to the option are fully vested and exercisable.