Filing Details

Accession Number:
0000899243-18-008941
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-29 20:35:01
Reporting Period:
2018-03-27
Accepted Time:
2018-03-29 20:35:01
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
1734434 Arash Ferdowsi 333 Brannan Street
San Francisco CA 94107
Co-Founder Yes Yes Yes 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 Acquisiton 2018-03-27 2,333,333 $0.00 2,333,333 No 4 C Indirect See footnote
Class A Common Stock Disposition 2018-03-27 2,333,333 $20.07 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2018-03-27 2,333,333 $0.00 2,333,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,036,583 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 4,400,000 Direct
Footnotes
  1. Shares held by the Arash Ferdowsi Revocable Trust u/a/d 4/20/2012, for which the Reporting Person serves as trustee.
  2. Represents the sale price to the underwriters in the Issuer's initial public offering of $20.0655 per share.
  3. 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.
  4. 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.