Dropbox director receives 9,071-share stock grant
JENSON WARREN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
JENSON WARREN reported acquisition or exercise transactions in this Form 4 filing.
Dropbox director Jenson Warren received a new equity grant in the form of restricted stock units. He was awarded 9,071 shares of Class A Common Stock at no purchase price, increasing his direct holdings to 20,253 shares reported in this filing. The new restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual stockholder meeting, and certain existing restricted stock units follow an applicable vesting schedule through the same date, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,071 | $0.00 | $0.00 |
Footnotes (2)
- F1. These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock. The restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders.
- F2. Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.
Key Figures
Key Terms
restricted stock units financial
Class A Common Stock financial
Service Provider financial
FAQ
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What did Dropbox (DBX) director Jenson Warren report in this Form 4?
What type of securities did Jenson Warren receive from Dropbox (DBX)?
When do Jenson Warren’s new Dropbox (DBX) restricted stock units vest?
Are Jenson Warren’s Dropbox (DBX) restricted stock units subject to forfeiture?
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