Houston Andrew's Form 4 filing
Dropbox, Inc. (DBX) · filed Oct 3, 2024
- Accession no.
- 0001562180-24-007235
- Filed
- Oct 3, 2024
- Trade date
- Oct 1-2, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $11.3M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Houston AndrewCIK 0001734563 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2024 | Class A Common Stock | CConversionAcquired | +351,306 | $0.00F1 | $0 | 351,306 | Indirect | |
| Oct 1, 2024 | Class A Common Stock | SSaleDisposed | −351,306 | $25.12F4 | −$8,824,806.72 | 0 | Indirect | |
| Oct 2, 2024 | Class A Common Stock | CConversionAcquired | +97,362 | $0.00F5 | $0 | 97,362 | Indirect | |
| Oct 2, 2024 | Class A Common Stock | SSaleDisposed | −97,362 | $25.26F6 | −$2,459,364.12 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2024 | Class A Common Stock | CConversionDisposed | −351,306 | $0.00 | $0 | 69,515,488 | Indirect | |
| Oct 2, 2024 | Class A Common Stock | CConversionDisposed | −97,362 | $0.00 | $0 | 69,418,126 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
351,306 shares of Class B Common Stock were converted into 351,306 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $25.00 to $25.48. 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.
Referenced by the price of 1 transaction in Table I.
- F5
97,362 shares of Class B Common Stock were converted into 97,362 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $25.09 to $25.55. 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.
Referenced by the price of 1 transaction in Table I.