Form 4 for BOXL Boxlight Corp
Accepted 2022-04-05 00:00:00 ET · period of report 2022-02-24 · accession 0001104659-22-042884 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-05 | 2022-03-31 | BOXL | Starkey Mark | Pres | S - Sale | $1.20 | -5,875 | 286.8K | -2% | -$7,050 |
| DM | 2022-04-05 | 2022-02-24+ | BOXL | Starkey Mark | Pres | A - Grant | $0.00 | +112.5K | 280.1K | +67% | $0 |
| D | 2022-04-05 | 2022-03-25 | BOXL | Starkey Mark | Pres | J - Other | $0.00 | -12.5K | 125.0K | -9% | $0 |
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 | 2022-03-31 | S | D | 5,875 | $1.20 | 286,750 | D | — | — | (F2) Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. (F3) Of the reported shares, 225,000 shares are represented by RSUs which remain subject to quarterly vesting. |
| 2 | Common | CLASS A COMMON STOCK | 2022-03-25 | A | A | 12,500 | $0.00 | 292,625 | D | — | — | (F3) Of the reported shares, 225,000 shares are represented by RSUs which remain subject to quarterly vesting. |
| 3 | Common | CLASS A COMMON STOCK | 2022-02-24 | A | A | 100,000 | $0.00 | 280,125 | D | — | — | (F1) The reporting person received an award of 100,000 restricted stock units ("RSUs") on February 24, 2022, with such RSUs vesting quarterly in equal installments over four (4) years, with the initial vesting occurring on May 24, 2022. Each RSU represents the right to receive one share of BOXL Class A Common Stock. (F3) Of the reported shares, 225,000 shares are represented by RSUs which remain subject to quarterly vesting. |
| 4 | Derivative | RESTRICTED STOCK UNITS | 2022-03-25 | J | D | 12,500 | $0.00 | 125,000 | D | $0.00 · — to 2022-03-25 | 12,500 COMMON STOCK | (F5) The RSUs vest in substantially equal installments quarterly over the course of four (4) years, commencing on December 25, 2020. |