PAUL E. JACOBS - 20 May 2021 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role
Director
Signature
/s/ Bart E. Volkmer, Attorney-In-Fact
Issuer symbol
DBX
Transactions as of
20 May 2021
Transactions value $
$0
Form type
4
Filing time
24 May 2021, 19:51:18 UTC
Next filing
23 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBX Class A Common Stock Award $0 +9,335 +10.12% $0 101,549 20 May 2021 Direct F1, F2
holding DBX Class A Common Stock 178,058 20 May 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock units vest in full on the earlier of May 20, 2022 or the day prior to the date of the Issuer's next annual meeting of stockholders.
F2 Certain of these securities are restricted stock units. Each 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 May 20, 2022 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.
F3 Shares are held by Paul E. Jacobs Trust u/a/d November 7, 2014, for which the Reporting Person serves as trustee.