---
schema_version: "secwatch.filing_event.v1"
accession: "0001467623-21-000052"
form_type: "8-K"
ticker: "DBX"
cik: "0001467623"
company_name: "DROPBOX, INC."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:17:48.681281+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Dropbox pays $32M termination fee to partially end office lease and third-party sublease

## Summary
- On Dec 16, 2021, Dropbox amended its lease with KRE Exchange Owner LLC to partially terminate a subleased portion.
- Dropbox paid a $32 million termination fee to landlord on Dec 17, 2021.
- On Dec 17, 2021, the sublease with the third-party subtenant was also terminated.

## SEC filing metadata
- accession: 0001467623-21-000052
- form_type: 8-K
- ticker: DBX
- cik: 0001467623
- company_name: DROPBOX, INC.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467623/000146762321000052/0001467623-21-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467623/000146762321000052/dbx-20211216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001467623-21-000052
- JSON: https://secwatch.observer/filing/0001467623-21-000052.json
- Plain text: https://secwatch.observer/filing/0001467623-21-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.