Form 4 for BOXL Boxlight Corp
Accepted 2022-04-05 00:00:00 ET · period of report 2022-02-24 · accession 0001104659-22-042886 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-04-05 | 2022-02-24 | BOXL | Marklew Shaun | CTO | A - Grant | $0.00 | +100.0K | 270.6K | +59% | $0 | |
| 2022-04-05 | 2022-03-31 | BOXL | Marklew Shaun | CTO | S - Sale | $1.20 | -5,875 | 264.8K | -2% | -$7,050 |
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 | 2022-02-24 | A | A | 100,000 | $0.00 | 270,625 | 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. |
| 2 | Common | CLASS A COMMON STOCK | 2022-03-31 | S | D | 5,875 | $1.20 | 264,750 | 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 under its equity incentive plan which requires 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. Each RSU represents the right to receive one share of BOXL Class A Common Stock upon vesting. (F3) Consists of 225,000 RSUs that remain subject to vesting and 39,750 shares of BOXL Class A Common Stock. |