BOX INC 4
4 · BOX INC · Filed Jun 28, 2017
Insider Transaction Report
Form 4
BOX INCBOX
KRAUSZ STEVEN M
Director10% Owner
Transactions
- Other
Class A Common Stock
2017-06-27−3,713,775→ 0 total(indirect: Directly owned by USVP IX) - Conversion
Class B Common Stock
2017-06-27−3,713,775→ 0 total(indirect: Directly owned by USVP IX)→ Class A Common Stock (3,713,775 underlying) - Conversion
Class A Common Stock
2017-06-27+3,713,775→ 3,713,775 total(indirect: Directly owned by USVP IX)
Holdings
- 14,284
Class A Common Stock
- 5,382
Class A Common Stock
Footnotes (4)
- [F1]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.
- [F2]Prorata distribution in kind from the partnership without consideration to its limited partners.
- [F3]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.
- [F4]Represents an automatic annual restricted stock unit (RSU) award pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 21, 2018 or the Issuer's next annual meeting of stockholders.