Pope Michael Ross - 29 Dec 2021 Form 4 Insider Report for Boxlight Corp (BOXL)

Role: Chief Executive Officer, Director
Signature: /s/ Michael R. Pope
Issuer symbol: BOXL
Transactions as of: 29 Dec 2021
Net transactions value: +$56,590
Form type: 4
Filing time: 29 Dec 2021, 20:58:29 UTC
Previous filing: 10 Jan 2022
Next filing: 10 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOXL	CLASS A COMMON STOCK	Options Exercise	$56,590	+133,153	+11%	$0.4250	1,378,840	29 Dec 2021	Direct	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
transaction	BOXL	Warrant to Purchase Class A Common Stock	Options Exercise	$0	-195,000	-100%	$0.000000^*	0	29 Dec 2021	Class A common stock	195,000	$0.4250	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents number of shares of Class A Common Stock received upon cashless exercise of a warrant held by an entity wholly owned by the Reporting Person. Upon exercise of the warrant, in accordance with a notice of exercise presented to the Issuer, the underlying shares were issued to the Reporting Person. The exercise of the warrants, the withholding of shares of Class A Common Stock in the cashless exercise and the resulting issuance of the net shares of Class A Common Stock were exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
F2	On December 29, 2021, an entity wholly owned by the Reporting Person cashlessly exercised a warrant to purchase 195,000 shares of Class A Common Stock at $0.425 per share, receiving a total of 133,153 shares of Class A Common Stock upon exercise.

Content

Represents number of shares of Class A Common Stock received upon cashless exercise of a warrant held by an entity wholly owned by the Reporting Person. Upon exercise of the warrant, in accordance with a notice of exercise presented to the Issuer, the underlying shares were issued to the Reporting Person. The exercise of the warrants, the withholding of shares of Class A Common Stock in the cashless exercise and the resulting issuance of the net shares of Class A Common Stock were exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.

On December 29, 2021, an entity wholly owned by the Reporting Person cashlessly exercised a warrant to purchase 195,000 shares of Class A Common Stock at $0.425 per share, receiving a total of 133,153 shares of Class A Common Stock upon exercise.