SEC Form 4 · accession 0001209191-18-055864
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly Hammonds
Director
Period of report
Oct 18, 2018
Accepted (ET)
Oct 22, 2018 · 4:35 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 | Oct 18, 2018 | A | 9,986 | $0.00 | A | 9,986 | 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 | $18.99 | Oct 18, 2018 | A | 19,972 | A | Nov 18, 2018 | Oct 18, 2028 | Class A Common Stock | 19,972 | 19,972 | 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 October 18, 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 November 18, 2018, and 1/36 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date