4//SEC Filing
Levie Aaron 4
Accession 0000950170-24-139128
CIK 0001372612other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:04 PM ET
Size
7.7 KB
Accession
0000950170-24-139128
Insider Transaction Report
Form 4
BOX INCBOX
Levie Aaron
DirectorChief Executive Officer
Transactions
- Gift
Class A Common Stock
2024-12-20−9,375→ 2,989,780 total - Award
Performance-based Restricted Stock Unit
2024-12-18+600,000→ 600,000 totalExercise: $0.00Exp: 2028-12-18→ Class A Common Stock (600,000 underlying)
Footnotes (2)
- [F1]This transaction represents a bona fide charitable contribution to a donor advised fund. No shares were sold by the Reporting Person.
- [F2]The performance-based restricted stock units ("PSUs") are eligible to vest based on the Company's stock price achievement over a performance period that ends on the fourth anniversary of the grant date. The total number of PSUs is divided into three equal tranches with each tranche subject to both a stock price achievement price hurdle and a minimum vesting requirement. Achievement of a stock price hurdle is based on the average closing price of the Company's Class A Common Stock over a 45 trading-day period. Once both the stock price hurdle for a tranche and the minimum vesting requirement for such tranche are achieved, the number of PSUs in that tranche will vest and the vested PSUs will be settled through the issuance of shares of Class A Common Stock on the Company's next regular quarterly vesting date (March 20, June 20, September 20, and December 20), subject to the Reporting Person's continued service through each vesting date.
Documents
Issuer
BOX INC
CIK 0001372612
Entity typeother
Related Parties
1- filerCIK 0001606525
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 5:04 PM ET
- Size
- 7.7 KB