0001562180-20-002638.txt : 20200318
0001562180-20-002638.hdr.sgml : 20200318
20200318205937
ACCESSION NUMBER: 0001562180-20-002638
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200316
FILED AS OF DATE: 20200318
DATE AS OF CHANGE: 20200318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ferdowsi Arash
CENTRAL INDEX KEY: 0001734434
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38434
FILM NUMBER: 20726230
MAIL ADDRESS:
STREET 1: 333 BRANNAN STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DROPBOX, INC.
CENTRAL INDEX KEY: 0001467623
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 260138832
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1800 OWENS STREET, SUITE 200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94158
BUSINESS PHONE: 415-986-7057
MAIL ADDRESS:
STREET 1: 1800 OWENS STREET, SUITE 200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94158
FORMER COMPANY:
FORMER CONFORMED NAME: Dropbox, Inc.
DATE OF NAME CHANGE: 20140210
FORMER COMPANY:
FORMER CONFORMED NAME: Evenflow, Inc.
DATE OF NAME CHANGE: 20090702
4
1
primarydocument.xml
PRIMARY DOCUMENT
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2020-03-16
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0001467623
DROPBOX, INC.
DBX
0001734434
Ferdowsi Arash
1800 OWENS STREET
SAN FRANCISCO
CA
94158
true
true
true
false
Co-Founder
Class A Common Stock
2020-03-16
4
C
false
42219.00
0.00
A
66119.00
I
See footnote
Class A Common Stock
2020-03-16
4
S
false
66119.00
17.0335
D
0.00
I
See footnote
Class A Common Stock
2020-03-18
4
C
false
39521.00
0.00
A
39521.00
I
See footnote
Class A Common Stock
2020-03-18
4
S
false
39521.00
17.0348
D
0.00
I
See footnote
Class A Common Stock
4400000.00
D
Class B Common Stock
2020-03-16
4
C
false
42219.00
0.00
D
Class A Common Stock
42219.00
28544364.00
I
See footnote
Class B Common Stock
2020-03-18
4
C
false
39521.00
0.00
D
Class A Common Stock
39521.00
28504843.00
I
See footnote
42,219 shares of Class B Common Stock were converted into 42,219 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
Shares held by the Arash Ferdowsi Revocable Trust u/a/d 4/20/2012, for which the Reporting Person serves as trustee.
These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
This transaction was executed in multiple trades at prices ranging from $17.00 to $17.11. 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.
39,521 shares of Class B Common Stock were converted into 39,521 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
This transaction was executed in multiple trades at prices ranging from $17.00 to $17.125. 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.
These securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions.
The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.
/s/ Mary Anne Becking, Attorney-In-Fact
2020-03-18