BOX INC
For the period ended Oct 31, 2024. Filed Dec 4, 2024.
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Oct 31, 2024 · Filed Dec 4, 2024
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Item 5. Other Information
During the three months ended October 31, 2024, the following directors and officers, as defined in Rule 16a-1(f) under the Exchange Act, adopted a “Rule 10b5-1 trading arrangement” as defined in Item 408 of Regulation S-K, as follows.
On September 24, 2024, Olivia Nottebohm, our Chief Operating Officer, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act. The Rule 10b5-1 trading arrangement allows for the potential sale of up to (i)6,335 shares of our Class A common stock and (ii) 30% of the net shares of our Class A common stock that Ms. Nottebohm will receive from the vesting of outstanding awards of performance stock units and restricted stock units during the term of the plan. The Rule 10b5-1 trading arrangement will commence on December 26, 2024, and continue until all shares are sold or September 19, 2025, whichever comes first.
No other directors or officers, as defined in Rule 16a-1(f), adopted and/orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the three months ended October 31, 2024.
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