Form 4 for BOXL Boxlight Corp
Accepted 2022-01-10 00:00:00 ET · period of report 2021-12-25 · accession 0001104659-22-002856 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-01-10 | 2021-12-25 | BOXL | Pope Michael Ross | CEO, Dir | S - Sale | $1.40 | -491.0K | 887.9K | -36% | -$687.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | CLASS A COMMON STOCK | 2021-12-25 | S | D | 490,964 | $1.40 | 887,876 | D | — | — | (F1) Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 656,434 restricted Class A common stock. This sale is mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by a "sell to cover" transaction. This transaction is exempt under Section 16b-3 and does not represent a discretionary trade by the Reporting Person. (F2) The reported transaction includes 218,811 shares of Class A common stock issued under the Long-Term Compensation component of the Reporting Person's employment agreement which remain subject to vesting. The total in Column 5 includes the remaining 218,811 shares of Class A common stock subject to vesting and 669,065 shares of Class A Common Stock. |