Dylan C. Smith - 31 Dec 2024 Form 4 Insider Report for BOX INC (BOX)

Signature
/s/ David Leeb, Attorney-in-Fact
Issuer symbol
BOX
Transactions as of
31 Dec 2024
Net transactions value
+$1,686,000
Form type
4
Filing time
02 Jan 2025, 17:18:29 UTC
Previous filing
23 Dec 2024
Next filing
13 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Options Exercise $1,686,000 +120,000 +8.4% $14.05 1,555,258 31 Dec 2024 Direct F1
transaction BOX Class A Common Stock Tax liability -45,574 -2.9% 1,509,684 31 Dec 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOX Employee Stock Option (right to buy) Options Exercise $0 -120,000 -100% $0.000000 0 31 Dec 2024 Class A Common Stock 120,000 $14.05 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of these shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
F2 Represents shares withheld to pay for a portion of the exercise price incurred in connection with the exercise of stock options that were set to expire in January 2025.
F3 The shares subject to the option were fully vested and exercisable.