Form 4 for BOXL Boxlight Corp

Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-01 · accession 0001104659-23-001559 · 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	2023-01-05	2023-01-01	BOXL	Pope Michael Ross	CEO, Dir	A - Grant	$0.00	+578.8K	1.65M	+54%	$0
D	2023-01-05	2023-01-01	BOXL	Pope Michael Ross	CEO, Dir	A - Grant	$0.00	+2.04M	3.14M	+187%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	CLASS A COMMON STOCK	2023-01-01	A	A	578,778	$0.00	1,647,578	D	—	—	(F1) The Reporting Person received an award of 578,778 restricted stock units ("RSUs") on January 1, 2023, which RSUs vest in substantially equal installments over thirty-six months, with acceleration of vesting to occur upon a change in ownership of the Corporation or a sale of a substantial portion of BOXL's assets. Each RSU represents the right to receive one share of BOXL Class A common stock upon vesting. (F2) Of the reported shares, 696,960 shares are represented by RSUs which remain subject to vesting.
2	Derivative	STOCK OPTIONS	2023-01-01	A	A	2,041,098	$0.00	3,135,167	D	$0.31 · 2026-01-01 to 2028-01-01	2,041,098 Class A Common Stock	(F3) The Reporting Person received an award of non-qualified stock options (the "Options") to purchase 2,041,098 shares of common stock on January 1, 2023, which Options vest in substantially equal installments over a period of thirty-six months, with acceleration of vesting upon a change of ownership of the Corporation or a sale of a substantial portion of BOXL's assets. The options expire on January 1, 2028. (F4) Consists of options to purchase a total of 3,135,167 shares of BOXL Class A common stock.