Houston Andrew's Form 4 filing
Dropbox, Inc. (DBX) · filed Nov 18, 2024
- Accession no.
- 0001562180-24-007740
- Filed
- Nov 18, 2024
- Trade date
- Nov 14-15, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $17.7M. It was filed 4 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 14, 2024 | Class A Common Stock | CConversionAcquired | +624,533 | $0.00F1 | $0 | 624,533 | Indirect | |
| Nov 14, 2024 | Class A Common Stock | SSaleDisposed | −624,533 | $27.69F4 | −$17,293,318.77 | 0 | Indirect | |
| Nov 15, 2024 | Class A Common Stock | CConversionAcquired | +13,444 | $0.00F5 | $0 | 13,444 | Indirect | |
| Nov 15, 2024 | Class A Common Stock | SSaleDisposed | −13,444 | $27.60F6 | −$371,054.4 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 14, 2024 | Class A Common Stock | CConversionDisposed | −624,533 | $0.00 | $0 | 68,793,593 | Indirect | |
| Nov 15, 2024 | Class A Common Stock | CConversionDisposed | −13,444 | $0.00 | $0 | 68,780,149 | 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
624,533 shares of Class B Common Stock were converted into 624,533 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 $27.22 to $27.94. 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
13,444 shares of Class B Common Stock were converted into 13,444 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 $27.50 to $27.67. 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.