Form 4 for BOXL Boxlight Corp
Accepted 2023-10-05 00:00:00 ET · period of report 2023-08-25 · accession 0001104659-23-107203 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-10-05 | 2023-08-31 | BOXL | Nance Henry | COO | S - Sale | $2.31 | -235 | 44.2K | -0.5% | -$542.85 | |
| 2023-10-05 | 2023-08-25 | BOXL | Nance Henry | COO | A - Grant | $0.00 | +17.6K | 44.4K | +66% | $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 | 2023-08-31 | S | D | 235 | $2.31 | 44,168 | D | — | — | (F4) Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the 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 number of shares held after effectuating the Reverse Split. (F5) Consists of (i) 18,753 shares of Class A common stock and (ii) 25,415 RSUs which remain subject to certain vesting conditions. |
| 2 | Common | CLASS A COMMON STOCK | 2023-08-25 | A | A | 17,602 | $0.00 | 44,403 | D | — | — | (F1) On August 25, 2023, the Reporting Person was granted 17,602 RSUs. The 17,602 RSUs will vest quarterly over four years starting on November 25, 2023 and continuing until August 25, 2027. (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 number of shares held after effectuating the Reverse Split. (F2) Consists of (i) 18,988 shares of Class A common stock and (ii) 25,415 RSUs which remain subject to certain vesting conditions. |