Form 4 for BOXL Boxlight Corp
Accepted 2022-10-11 00:00:00 ET · period of report 2022-05-24 · accession 0001104659-22-107301 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-10-11 | 2022-06-25+ | BOXL | Starkey Mark | Pres | A - Grant | $0.00 | +25.0K | 299.7K | +9% | $0 |
| DM | 2022-10-11 | 2022-05-24+ | BOXL | Starkey Mark | Pres | S - Sale | $0.6867 | -18.1K | 283.7K | -6% | -$12.4K |
| DM | 2022-10-11 | 2022-06-25+ | BOXL | Starkey Mark | Pres | J - Other | $0.00 | -25.0K | 100.0K | -20% | $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 | 2022-06-25 | A | A | 12,500 | $0.00 | 296,234 | D | — | — | (F3) Conversion of restricted stock units ("RSUs") into shares of BOXL Class A Common Stock. (F4) Consists of (1) 89,974 shares of Class A common Stock and (ii) 206,260 RSUs which remain subject to vesting. |
| 2 | Common | CLASS A COMMON STOCK | 2022-06-25 | S | D | 6,032 | $0.73 | 290,202 | 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 restricted stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by "sell to cover" transactions. These transactions exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person. (F5) Consists of (i) 83,942 shares of Class A common stock and (ii) 206,260 RSUs which remain subject to certain vesting conditions. |
| 3 | Common | CLASS A COMMON STOCK | 2022-08-24 | S | D | 3,016 | $0.64 | 287,186 | D | — | — | (F3) Conversion of restricted stock units ("RSUs") into shares of BOXL Class A Common Stock. (F7) Consists of (i) 80,926 shares of Class A common stock and (ii) 206,260 RSUs which remain subject to certain vesting conditions. |
| 4 | Common | CLASS A COMMON STOCK | 2022-09-25 | A | A | 12,500 | $0.00 | 299,686 | 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 restricted stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by "sell to cover" transactions. These transactions exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person. (F8) Consists of (i) 93,426 shares of Class A common stock and (ii) 206,260 RSUs which remain subject to certain vesting conditions. |
| 5 | Common | CLASS A COMMON STOCK | 2022-09-25 | S | D | 6,032 | $0.6 | 293,654 | D | — | — | (F3) Conversion of restricted stock units ("RSUs") into shares of BOXL Class A Common Stock. (F9) Consists of (i) 87,394 shares of Class A common stock and (ii) 206,260 RSUs which remain subject to certain vesting conditions. |
| 6 | Common | CLASS A COMMON STOCK | 2022-05-24 | S | D | 3,016 | $0.82 | 283,734 | 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 restricted stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by "sell to cover" transactions. These transactions exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person. (F2) Consists of (1) 77,474 shares of Class A common stock and (ii) 206,260 RSUs which remain subject to vesting. |
| 7 | Derivative | Restricted Stock Units | 2022-06-25 | J | D | 12,500 | $0.00 | 112,500 | D | $0.00 · — to 2022-06-25 | 12,500 CLASS A COMMON STOCK | (F6) The RSUs Vest in substantially equal installments quarterly over the course of four years, commencing on December 25, 2020. |
| 8 | Derivative | Restricted Stock Units | 2022-09-25 | J | D | 12,500 | $0.00 | 100,000 | D | $0.00 · — to 2022-09-25 | 12,500 CLASS A COMMON STOCK | (F6) The RSUs Vest in substantially equal installments quarterly over the course of four years, commencing on December 25, 2020. |