Paolo Tiramani - Oct 9, 2023 Form 3 Insider Report for Boxabl Inc. (BOX)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paolo Tiramani
Stock symbol
BOX
Transactions as of
Oct 9, 2023
Transactions value $
$0
Form type
3
Date filed
10/10/2023, 04:14 PM
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BOX Common Stock 1.13B Oct 9, 2023 Direct
holding BOX Common Stock 1.09B Oct 9, 2023 By the Paolo Tiramani 2020 Family Gift Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BOX Series A-2 Preferred Stock Oct 9, 2023 Common Stock, par value $0.00001 $37.5M Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Paolo Tiramani 2020 Family Gift Trust is held for the benefit of Mr. Tiramani's family. Mr. Tiramani is not the trustee of the trust nor is the trust held for his benefit. Galiano Tiramani, who is Paolo Tiramani's son and serves as Director of Marketing and on the Board of Directors of Boxabl Inc., serves as trustee.
F2 Each share of Series A-2 Preferred Stock automatically converts into shares of the Company's Common Stock on a one-for-one basis upon the closing of the sale of the Company's Common Stock to the public in a firm-commitment underwritten public offering that meets certain criteria or an offering of the Company's Common Stock in reliance on Regulation A of the Securities Act of 1933, as amended.