SEC Form 4 · accession 0001562180-19-001836
DROPBOX, INC. · DBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bart Volkmer
Officer — General Counsel
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 7:45 pm EST
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 StockF2,F3 | Mar 6, 2019 | S | 5,458 | $22.6462 | D | 172,769 | D | |
| Class A Common StockF4,F3 | Mar 6, 2019 | S | 200 | $23.38 | D | 172,569 | D | |
| Class A Common StockF5,F3 | Mar 7, 2019 | S | 5,658 | $22.4621 | D | 166,911 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
- F2This transaction was executed in multiple trades at prices ranging from $22.28 to $23.05. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Certain of these 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 November 15, 2021. In the event the Reporting Person ceases to be a Service Provider, any then unvested restricted stock units will be cancelled by the Issuer.
- F4This transaction was executed in multiple trades at prices ranging from $23.31 to $23.45. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This transaction was executed in multiple trades at prices ranging from $22.28 to $22.70. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.