SEC Form 4 · accession 0001548538-17-000017
BOX INC · BOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Krausz
Director
Period of report
Jun 27, 2017
Accepted (ET)
Jun 28, 2017 · 3:25 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,F3 | Jun 27, 2017 | C | 3,713,775 | — | A | 3,713,775 | I | Directly owned by USVP IX |
| Class A Common StockF1,F2,F3 | Jun 27, 2017 | J | 3,713,775 | — | D | 0 | I | Directly owned by USVP IX |
| Class A Common Stock | holding | — | — | — | 14,284 | D | ||
| Class A Common StockF4 | holding | — | — | — | 5,382 | 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 StockF1,F3 | — | Jun 27, 2017 | C | 3,713,775 | D | — | — | Class A Common Stock | 3,713,775 | 0 | I |
Explanation of responses
- F1Each 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.
- F2Prorata distribution in kind from the partnership without consideration to its limited partners.
- F3The shares are held of record by U.S. Venture Partners IX, L.P. ("USVP IX"). Presidio Management Group IX, LLC ("PMG IX") is the general partner of USVP IX and may be deemed to have sole voting and dispositive power over the shares held by USVP IX. Steven M. Krausz, a director of the Issuer, and each of Irwin Federman, David E. Liddle, Paul A Matteucci, Jonathan D. Root, Casey M. Tansey, and Philip M. Young, are managing members of PMG IX, and may be deemed to share voting and dispositive power over the shares held by USVP IX. Such persons and entities disclaim beneficial ownership of shares held by USVP IX, except to the extent of any proportionate pecuniary interest therein.
- F4Represents an automatic annual restricted stock unit (RSU) award pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 21, 2018 or the Issuer's next annual meeting of stockholders.