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

Signature
/s/ Michael R. Pope
Stock symbol
BOXL
Transactions as of
Dec 29, 2021
Transactions value $
$56,590
Form type
4
Date filed
12/29/2021, 08:58 PM
Previous filing
Jan 10, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Options Exercise $56.6K +133K +10.69% $0.43 1.38M Dec 29, 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 -195K -100% $0.00* 0 Dec 29, 2021 Class A common stock 195K $0.43 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.