SEC Form 4 · accession 0000899243-18-008943

DROPBOX, INC. · DBX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 27, 2018

Accepted (ET)

Mar 29, 2018 · 8:37 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001467623

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock^F1,F2	Mar 27, 2018	C	122,698	$0.00	A	122,698	I	See footnote
Class A Common Stock^F3	holding	—	—		—	14,286	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series A-1 Preferred Stock^F5,F2,F4	—	Mar 27, 2018	C	14,884	D	—	—	Class B Common Stock	14,884	0	I
Class B Common Stock^F2,F6	—	Mar 27, 2018	C	14,884	A	—	—	Class A Common Stock	14,884	122,698	I
Class B Common Stock^F2,F1	—	Mar 27, 2018	C	122,698	D	—	—	Class A Common Stock	122,698	0	I

F1122,698 shares of Class B Common Stock were converted into 122,698 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
F2Shares are held by Annox Capital, LLC ("Annox"). The Reporting Person is the managing member of Annox and has sole voting and investment control over the shares held by Annox.
F3These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through the earlier of May 15, 2019 or the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.
F4The Series A-1 Preferred Stock automatically converted into shares of Issuer's Class B Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F5Total reflects an adjustment of 40 shares which were inadvertently underreported in the Reporting Person's Form 3 filed on March 22, 2018.
F6The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.