Form 4 for BOXL Boxlight Corp
Accepted 2022-12-16 00:00:00 ET · period of report 2022-11-14 · accession 0001104659-22-127536 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-12-16 | 2022-11-14+ | BOXL | Pope Michael Ross | CEO, Dir | S - Sale | $0.32 | -2,736 | 1.07M | -0.3% | -$875.52 |
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 | 2022-11-14 | S | D | 1,368 | $0.32 | 1,070,168 | 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 4,546 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 947,441 shares of BOXL Class A common stock and 122,727 RSUs, with each RSU representing the right to receive one share of BOXL Class A common stock upon vesting, which RSUs remain subject to certain vesting conditions. |
| 2 | Common | CLASS A COMMON STOCK | 2022-12-14 | S | D | 1,368 | $0.32 | 1,068,800 | 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 4,546 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. (F3) Consists of 950,619 shares of BOXL Class A common stock and 118,181 RSUs, with each RSU representing the right to receive one share of BOXL Class A common stock upon vesting, which RSUs remain subject to certain vesting conditions. |