Form 4 for BOX BOX INC

Accepted 2024-12-20 00:00:00 ET · period of report 2024-12-18 · accession 0000950170-24-139128 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2024-12-20	2024-12-20	BOX	Levie Aaron	CEO, Dir	G - Gift	$0.00	-9,375	2.99M	-0.3%	$0
D	2024-12-20	2024-12-18	BOX	Levie Aaron	CEO, Dir	A - Grant	$0.00	+600.0K	600.0K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2024-12-20	G	D	9,375	$0.00	2,989,780	D	—	—
2	Derivative	Performance-based Restricted Stock Unit	2024-12-18	A	A	600,000	$0.00	600,000	D	$0.00 · — to 2028-12-18	600,000 Class A Common Stock	(F2) The performance-based restricted stock units ("PSUs") are eligible to vest based on the Company's stock price achievement over a performance period that ends on the fourth anniversary of the grant date. The total number of PSUs is divided into three equal tranches with each tranche subject to both a stock price achievement price hurdle and a minimum vesting requirement. Achievement of a stock price hurdle is based on the average closing price of the Company's Class A Common Stock over a 45 trading-day period. Once both the stock price hurdle for a tranche and the minimum vesting requirement for such tranche are achieved, the number of PSUs in that tranche will vest and the vested PSUs will be settled through the issuance of shares of Class A Common Stock on the Company's next regular quarterly vesting date (March 20, June 20, September 20, and December 20), subject to the Reporting Person's continued service through each vesting date.