Dylan C. Smith - Apr 15, 2025 Form 4 Insider Report for BOX INC (BOX)

Role
Chief Financial Officer
Signature
/s/ David Leeb, Attorney-in-Fact
Stock symbol
BOX
Transactions as of
Apr 15, 2025
Transactions value $
$0
Form type
4
Date filed
4/17/2025, 08:41 PM
Previous filing
Apr 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Award $0 +3.57K +0.24% $0.00 1.47M Apr 15, 2025 Direct F1, F2, F3
transaction BOX Class A Common Stock Award $0 +68K +4.63% $0.00 1.54M Apr 15, 2025 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2025 Executive Bonus Plan. 100% of these RSUs will vest on April 22, 2025.
F2 Certain of these shares are represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
F3 This amount reflects the corrected share balance for (i) the overstatement of peformance-based restricted stock unit ("PSU") achievement by 216 shares and (ii) the subsequent overstatement of shares withheld for taxes by 36 shares on the Reporting Person's Form 4s filed March 26, 2025 and April 4, 2025, respectively.
F4 Represents RSUs that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date.