Form 4 for DBX DROPBOX, INC.
Accepted 2023-09-07 00:00:00 ET · period of report 2023-09-05 · accession 0001562180-23-006774 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2023-09-07 | 2023-09-05 | DBX | Volkmer Bart | CLO | S - Sale | $27.68 | -7,088 | 312.7K | -2% | -$196.2K |
| DT | 2023-09-07 | 2023-09-05 | DBX | Volkmer Bart | CLO | C - Cnv Deriv | $0.00 | +5,360 | 319.8K | +2% | $0 |
| DT | 2023-09-07 | 2023-09-05 | DBX | Volkmer Bart | CLO | C - Cnv Deriv | $0.00 | -5,360 | 63.1K | -8% | $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 | 2023-09-05 | S | D | 7,088 | $27.68 | 312,712 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $27.48 to $27.89. 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) Certain of these securities are restricted stock awards and restricted stock units. Each restricted stock award or 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 February 15, 2027. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer. |
| 2 | Common | Class A Common Stock | 2023-09-05 | C | A | 5,360 | $0.00 | 319,800 | D | — | — | (F1) 5,360 shares of Class B Common Stock were converted into 5,360 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date. (F2) Certain of these securities are restricted stock awards and restricted stock units. Each restricted stock award or 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 February 15, 2027. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer. |
| 3 | Derivative | Class B Common Stock | 2023-09-05 | C | D | 5,360 | $0.00 | 63,120 | D | — · — to — | 5,360 Class A Common Stock | (F1) 5,360 shares of Class B Common Stock were converted into 5,360 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date. |