Filing Details

Accession Number:
0001209191-18-052372
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-26 19:50:06
Reporting Period:
2018-09-25
Accepted Time:
2018-09-26 19:50:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1467623 Dropbox Inc. DBX Services-Prepackaged Software (7372) 260138832
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1734563 Andrew Houston 333 Brannan Street
San Francisco CA 94107
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2018-09-25 61,728 $27.04 24,508 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 10,333,333 Direct
Footnotes
  1. The shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting Person serves as trustee (the "Remainder Trust").
  2. This transaction was executed in multiple trades at prices ranging from $27.00 to $27.19. 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.
  3. The shares are held by the Remainder Trust.
  4. 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.