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 X0306 4 2020-03-16 false 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