Form 4 for DBX DROPBOX, INC.
Accepted 2022-10-12 00:00:00 ET · period of report 2022-10-10 · accession 0001562180-22-007168 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-10-12 | 2022-10-10 | DBX | Houston Andrew | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +150.0K | 866.7K | +21% | $0 |
| DMI | 2022-10-12 | 2022-10-10+ | DBX | Houston Andrew | CEO, Dir, 10% | S - Sale | $20.41 | -475.0K | 175.0K | -73% | -$9.69M |
| DM | 2022-10-12 | 2022-10-10+ | DBX | Houston Andrew | CEO, Dir, 10% | S - Sale | $20.29 | -515.2K | 9.02M | -5% | -$10.45M |
| DI | 2022-10-12 | 2022-10-10 | DBX | Houston Andrew | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -150.0K | 7.74M | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-10-10 | C | A | 150,000 | $0.00 | 866,728 | I See footnote | — | — | (F1) 150,000 shares of Class B Common Stock were converted into 150,000 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date. (F2) Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting person serves as trustee. |
| 2 | Common | Class A Common Stock | 2022-10-10 | S | D | 149,300 | $20.46 | 717,428 | I See footnote | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $20.12 to $21.11. 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. (F2) Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting person serves as trustee. |
| 3 | Common | Class A Common Stock | 2022-10-10 | S | D | 700 | $21.13 | 716,728 | I See footnote | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $21.12 to $21.15. 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. (F2) Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting person serves as trustee. |
| 4 | Common | Class A Common Stock | 2022-10-10 | S | D | 273,426 | $20.43 | 9,023,691 | D See footnote | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $20.12 to $21.11. 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. (F6) Certain of these securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions. (F7) Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which reporting person serves as trustee. |
| 5 | Common | Class A Common Stock | 2022-10-11 | S | D | 240,999 | $20.13 | 8,781,892 | D | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $19.89 to $20.48. 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. (F6) Certain of these securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions. |
| 6 | Common | Class A Common Stock | 2022-10-10 | S | D | 272,249 | $20.43 | 227,751 | I See footnote | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $20.12 to $21.11. 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. (F7) Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which reporting person serves as trustee. |
| 7 | Common | Class A Common Stock | 2022-10-10 | S | D | 200 | $21.15 | 227,551 | I | — | — | |
| 8 | Common | Class A Common Stock | 2022-10-11 | S | D | 52,551 | $20.12 | 175,000 | I | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $19.89 to $20.48. 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. |
| 9 | Common | Class A Common Stock | 2022-10-10 | S | D | 800 | $21.14 | 9,022,891 | D See footnote | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $21.12 to $21.15. 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. (F6) Certain of these securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions. (F7) Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which reporting person serves as trustee. |
| 10 | Derivative | Class B Common Stock | 2022-10-10 | C | D | 150,000 | $0.00 | 7,743,764 | I See foonote | — · — to — | 150,000 Class A Common Stock | (F2) Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting person serves as trustee. (F9) The 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. |