BOX INC 4
4 · BOX INC · Filed Jan 30, 2015
Insider Transaction Report
Form 4
BOX INCBOX
KRAUSZ STEVEN M
Director10% Owner
Transactions
- Conversion
Series B Preferred Stock
2015-01-28−8,283,181→ 0 total(indirect: Directly owned by USVP IX)→ Existing Class A Common Stock (8,283,181 underlying) - Conversion
Existing Class A Common Stock
2015-01-28+11,713,775→ 11,713,775 total(indirect: Directly owned by USVP IX) - Other
Existing Class A Common Stock
2015-01-28−11,713,775→ 0 total(indirect: Directly owned by USVP IX) - Conversion
Series C Preferred Stock
2015-01-28−2,486,922→ 0 total(indirect: Directly owned by USVP IX)→ Existing Class A Common Stock (2,486,922 underlying) - Conversion
Series D Preferred Stock
2015-01-28−943,672→ 0 total(indirect: Directly owned by USVP IX)→ Existing Class A Common Stock (943,672 underlying) - Other
Class B Common Stock
2015-01-28+11,713,775→ 11,713,775 total(indirect: Directly owned by USVP IX)→ Class A Common Stock (11,713,775 underlying)
Footnotes (6)
- [F1]The Series B Preferred Stock automatically converted into the Issuer's existing Class A Common Stock ("Existing Class A Common Stock") on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
- [F2]The Series C Preferred Stock automatically converted into Existing Class A Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
- [F3]The Series D Preferred Stock automatically converted into Existing Class A Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
- [F4]The shares are held of record by U.S. Venture Partners IX, L.P. ("USVP IX"). Presidio Management Group IX, LLC ("PMG IX") is the general partner of USVP IX and may be deemed to have sole voting and dispositive power over the shares held by USVP IX. Steven M. Krausz, a director of the Issuer, and each of Irwin Federman, David E. Liddle, Paul A Matteucci, Jonathan D. Root, Casey M. Tansey, and Philip M. Young, are managing members of PMG IX, and may be deemed to share voting and dispositive power over the shares held by USVP IX. Such persons and entities disclaim beneficial ownership of shares held by USVP IX, except to the extent of any proportionate pecuniary interest therein.
- [F5]Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Existing Class A Common Stock, each share of Existing Class A Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F6]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.