Volkmer Bart 4
4 · DROPBOX, INC. · Filed Nov 17, 2023
Insider Transaction Report
Form 4
Volkmer Bart
Chief Legal Officer
Transactions
- Sale
Class A Common Stock
2023-11-16$26.55/sh−7,088$188,184→ 274,678 total - Tax Payment
Class A Common Stock
2023-11-15$27.40/sh−16,867$462,156→ 281,766 total
Footnotes (4)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units and restricted stock awards previously reported.
- [F2]Certain of these securities are restricted stock awards and restricted stock units. Each restricted stock award or 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, 2027. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer.
- [F3]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2023.
- [F4]This transaction was executed in multiple trades at prices ranging from $26.29 to $27.00 The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.