Vashee Ajay 4
4 · DROPBOX, INC. · Filed Nov 19, 2019
Insider Transaction Report
Form 4
Vashee Ajay
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2019-11-15+78,742→ 469,064 total - Tax Payment
Class A Common Stpck
2019-11-15$18.84/sh−27,737$522,565→ 441,327 total - Conversion
Class B Common Stock
2019-11-15−78,742→ 255,641 total→ Class A Common Stock (78,742 underlying)
Footnotes (3)
- [F1]78,742 shares of Class B Common Stock were converted into 78,742 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
- [F2]Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
- [F3]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 February 15, 2023. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.