Form 4 for BOXL Boxlight Corp
Accepted 2023-08-02 00:00:00 ET · period of report 2023-07-14 · accession 0001104659-23-086800 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-02 | 2023-07-14 | BOXL | Pope Michael Ross | CEO, Dir | S - Sale | $2.42 | -171 | 201.4K | -0.1% | -$413.82 |
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 | 2023-07-14 | S | D | 171 | $2.42 | 201,446 | 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 are exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person. (F3) Effective on June 14, 2023, the Company conducted a reverse stock split at a ratio of 1-for-8 (the "Reverse Split"). The numbers of shares reported herein reflect the numbers of shares after the Reverse Split. (F2) Of the reported shares, 73,093 shares are represented by RSUs which remain subject to vesting. |